Like every major streaming service, Spotify pays out roughly two-thirds of music revenue to rights holders. As Spotify revenues grow, payouts to the music industry grow as well.
What about the remaining third? That’s been our fuel to reinvest directly into the platform in ways that drive more people to pay for music streaming and continue to grow revenues for music. By continuing to innovate on behalf of the industry, we’ve been able to build a listening experience that attracts and retains hundreds of millions of fans, expanding the royalty pool year after year.