There are also physical sales, touring, merch, sync, or other sources. Spotify is one of many music streaming services that generate revenue for the music industry, and streaming only makes up a portion of all industry revenues. These figures only represent a part of the picture. To put those numbers in context, click a dollar amount below to see how many artists globally generated at least that amount - across recording and publishing for their catalog - for each of the past five years on Spotify.
As of 2021, Spotify has paid over $30 billion in royalties to the music industry - including over $7 billion in 2021 alone (more than double the amount paid in 2017).*
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