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Spotify Profitable
- Spotify achieved its first full year of profitability since launching in 2008.
- Apple's decision to allow Spotify to display pricing within the iOS app in Europe helped improve profitability.
- Spotify paid out $10 billion to the music industry in 2024, making its total payouts around $60 billion since 2006.
- Spotify generates revenue from subscription fees and advertising on its platform.
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