Spotify

Spotify plans to lay off 1,500 employees for the third time this year – Portal

In this image from February 11, 2022, small figures can be seen in front of the Spotify logo displayed. Portal/Dado Ruvic/Ilustration/File Photo acquire license rights STOCKHOLM, Dec 4 (Portal) – Music streaming giant Spotify (SPOT.N) said on Monday it will lay off around 1,500 employees, or 17% of its workforce, to cut costs after cutting … [Read more…]

Where does the money you give Spotify go? – Noovo info

“For one million streams on Spotify, an artist receives between $4,000 and $5,000,” says Steven Leblanc, A&R manager at Symphonic Distribution. Speaking at a conference on royalties for listening platforms organized by the M pour Montréal Festival, he pointed out the limitations of platforms like Spotify for less established artists. “There is a way to … [Read more…]