Music Ally reports: “We reported on Spotify’s latest financial results earlier this week, but yesterday the company’s 20-F annual report form was filed with US regulator the SEC, going into more granular detail about its business. Here’s one nugget from the filing: music licensed to Spotify by the three major labels and indie licensing agency Merlin accounted for around 75% of Spotify streams in 2022. We wondered how that has changed over time, so we went back to past filings to find out.”
DIY And Non Major/Merlin Music Now Accounts For A Quarter Of Spotify Streams
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