Music streaming platform Spotify announced on Monday that it had paid out more than $100 million to creators of audio and video podcasts in the first quarter of 2025.
“For the first time, we’re revealing that Spotify paid out more than $100 million to podcast publishers and podcasters worldwide in the first quarter of 2025 alone,” Spotify said.
“This figure reflects our deep commitment to the creator economy and underscores Spotify’s position as a leading platform for audio and video creators alike,” it added.
The streaming giant said Spotify’s payments include “ad-based revenue and revenue generated through the Spotify Partner Program, which launched earlier this year in select markets,” and that it provides content creators with more ways to monetise their content.
Spotify first began offering non-music audio and video content on its service in 2015. Since then, it has accelerated its investment in podcasts, and in 2019, it acquired prominent podcast producer Gimlet Media.
The Swedish platform will release its first-quarter earnings on Tuesday.
In 2024, it achieved its first annual net profit of 1.1 billion euros, after generating 15.7 billion euros (about $17.9 billion) last year.
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