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TechRadar
Rowan Davies

‘20 years ago, this industry was fighting for survival’ — Spotify claims it’s saved music, but its new report is only one side of the album

Spotify Carrie Marshall
An iPhone showing Spotify in the Apple app store, laying on top of a laptop keyboard .
  • Spotify has released its full Loud and Clear 2026 report
  • The company paid out $11 billion to the industry, which is 70% of its total revenue
  • It claims to have saved the industry, but artist royalties are growing at a stagnant rate
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