Breaking Spotify Is Getting A Buck More Expensive In February
The streaming service said it’s raising its prices occasionally to “reflect the value that Spotify delivers,” “to continue offering the best possible experience” and to “benefit artists.” It reported last year that it paid out $10 billion to music rights-holders in 2024. However, it’s worth noting that several Grammy-nominated songwriters boycotted an awards event it hosted to protest the supposed decreasing royalties songwriters are getting from Spotify plays.
Spotify came under fire late last year for running recruitment ads for ICE. It said the advertisements were part of a larger campaign by the US government that ran across platforms, including Meta and Google. The company also recently confirmed that the campaign has ended that there are no ICE ads currently running on the service.
Source: Engadget