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Spotify Claims Record Earnings in 2023 for Indie Artists, Songwriters and Non-English-Language Songs
Detailing its $9 billion in 2023 payments to the music industry, Spotify claims record earnings for indies, songwriters, non-English language songs.
It is important to note that all such payments go to rights holders first — which is usually a record label0 — which take their fee or percentage and then pay the artists or songwriters their share. It represents a four-times increase from 2017 and is the highest amount indies have ever generated from a single retailer in one year, the streamer states. Spanish, German, Portuguese, French, and Korean were the leaders in non-English language music, while Hindi, Indonesian, Punjabi, Tamil, and Greek all saw “huge upticks” in 2023.
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