Spotify pays more than $ 100 million to podcasters in the first quarter of 2025, reveals first Creator-Employment data | Mint

Spotify reports more than $ 100 million paid to Podcast creators in Q1 2025, which was the first disclosure of such figures. This payout, part of its partner program, reflects the company’s commitment to the creation economy and has been following significant podcasting investments since 2015. Spotify announced that it paid out more than $ 100 million to creators of both audio and video seams in the first quarter of 2025, which made the company the first time. Podcasts during the first quarter of 2025, which is the first time the company has made such figures public. The Stockholm-based streaming service announced on Monday that these payments, which include advertising revenue as well as returns from its Spotify partner program, emphasize the growing investment in the creation economy. Spotify’s $ 100 million payout to Podcasters The partner program, which was launched in certain markets earlier this year, offers podcasters extra ways for monetization along with traditional advertising-based models. Spotify said the milestone demonstrates its commitment to supporting audio and video content producers around the world.6 After failing to disclose the audio and video content in 2015, Spotify significantly strengthened his podcast efforts with the acquisition of Gimlet Media in 2019. These movements have helped the platform to commit a diverse series of shows and forms, from true-criminals to live strains. Spotify’s financial performance and growth in its most recent full year of trade generated Spotify revenue of € 15.7 billion, and in 2024, its first annual net profit of € 1.1 billion recorded. The company will announce its earnings report in the first quarter on Tuesday, after which investors are watching closely for indications of ongoing growth in both its music and podcasting divisions. In other news, the music stream platform faced a major service breakdown earlier this month, affecting tens of thousands of users worldwide. According to the interruption tracking website Downdetector.com, users have reported in different regions of problems that have access to the core features of the app, including looking for music and viewing artist profiles. Despite the disruption, many have confirmed that cuts previously downloaded have remained accessible and can still be played offline. Spotify acknowledged the issue in a statement shared on social media platform X, in which he says: “We are aware of some problems at the moment and go out.” However, the company has not yet provided details of the cause of the interruption or offered an official timeline for the full recovery of services. (With input of Reuters) first published: 28 Apr 2025, 22:47 IST