Canadian artists earned nearly $460 million in Spotify royalties in 2024—double what they made five years ago, according to the company’s latest economic report. However, Spotify noted it cannot confirm how much of that income reaches artists due to label and distributor contracts.
Ninety-two percent of royalties for Canadian music came from international listeners. Spotify’s Bryan Johnson called this reach “very difficult” in the CD era. In 2024, Spotify changed its royalty policy to only pay tracks with over 1,000 plays. The company also raised Canadian subscription prices following a federal mandate to support local content.
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