Spotify版税引擎创新高，2025年音乐版税支出达110亿美元

Spotify says it paid out more than $11 billion to the global music industry in 2025, marking the largest annual royalty distribution ever made by a single music retailer. The figure represents a year-over-year increase of more than 10%, driven by continued subscriber growth, higher premium prices, and rising engagement across the platform’s catalog. The milestone underscores Spotify’s growing role in the recorded-music economy, even as debate continues over how streaming revenue is shared between platforms, labels, publishers, and artists. While Spotify does not pay musicians directly, the company says its scale has made it the single largest contributor to industry revenue growth, with billions flowing each year through rights-holder agreements. …