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Spotify confirms 2024 was its first full year of profitability – amid ongoing industry debate surrounding artist payouts


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Spotify has recorded its first full year of profitability in its Q4 earnings report from 2024.

The streaming platform ended the year “stronger than ever” by outperforming across key metrics, according to the report. Its first full year of profitability was first predicted in its Q3 data, which was released back in November last year...

The post Spotify confirms 2024 was its first full year of profitability – amid ongoing industry debate surrounding artist payouts appeared first on MusicTech.

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