Nearly 1,500 artists generated over $1 million in royalties from Spotify in 2024, the company said in its annual Loud and Clear Report. Spotify said more than 80% of the artists in that pool didn't have a song reach the app's Global Daily Top 50 Chart.

Spotify has released its annual Loud & Clear report, detailing information about the music streaming service's royalty payments.

It's no secret that Spotify isn't a big money maker for most artists. But, in its annual Loud & Clear report, the music streamer is trying to change the narrative, reiterating an earlier claim that it paid artists $10 billion in 2024 ($60 million since launching) and adding that these payments increased tenfold over the last 10 years.

Spotify released its 2024 Loud & Clear report, which says more artists made more money in more languages from the streaming platform last year.