Summary
Spotify reports that songs in various languages, not just English, are increasingly popular on its platform. The company also detailed its significant royalty payments to artists and emphasized the financial growth seen in non-English music genres.
Key Facts
- Spotify data shows that songs in 16 different languages appeared in its Global Top 50 last year.
- Bad Bunny, who sings in Spanish, was the most-streamed artist worldwide.
- Brazilian Funk grew by 36%, K-Pop by 31%, and Trap Latino by 29% last year.
- Spotify paid $11 billion in royalties to the music industry last year.
- In the UK, Spotify paid artists £860 million in royalties, with most generated outside the UK.
- Over 13,800 artists earned $100,000 each from Spotify last year.
- Spotify is under scrutiny for its artist payment practices, offering between £0.002 and £0.0035 per stream.
- Some artists have protested Spotify’s ties to the defense company Helsing.
