Chandigarh 21 march 2025 (Punjab Khabarnama Bureau): Indian artists were discovered over 11.2 billion times by first-time listeners on audio streaming platform Spotify in 2024 alone, an increase of 13 per cent since 2023, the company announced in its ‘Loud & Clear’ report which talks about how artists earn money through streaming.
The ‘Loud & Clear’ report of Spotify also clarifies royalty distribution, and highlights the evolving global music landscape.
How much do Indian artists earn on Spotify?
Over 90 per cent of the tracks featured on Spotify India’s daily top 50 playlist in 2024 were by local artists, which is a six per cent increase from 2023.
As a result, the number of Indian artists who earned more than ₹50 lakh in royalties from the streaming platform also doubled since 2022.
Meanwhile, those who earned more than ₹1 crore in royalties, tripled in number during the same period and those who earned over ₹5 crore, doubled.
And when it comes to royalties, two-thirds of the total amount generated in India were from Indian artists as well.
Spotify also says that it has distributed over $10 billion in music royalties in 2024 alone, globally. This is a tenfold increase in payouts over the past ten years, with the company having paid out around $60 billion since its inception.
Summary: Indian musicians dominate Spotify’s daily top 50, earning significant royalties. Here’s a look at the top artists making waves.