Spotify’s Loud & Clear Report

Spotify has recently unveiled this year’s Loud & Clear report, promising a transparent view of the streaming economy.

This annual initiative aims to demystify how artists earn money through streaming, clarify royalty distribution, and highlight the growing global music landscape.

The latest report underscores record-breaking revenues, increased artist diversity, and a more borderless music industry.

The report shows that music streaming services as a whole now boast more than 500 million paying subscribers worldwide.

It estimates that a future with one billion paying listeners on streaming services is well within reach.