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# Spotify On Track To Pay Music Industry More Than $1.6 Billion In 2016
- URL: https://www.hypebot.com/spotify-on-track-to-pay-music-industry-more-than-16-billion-in-2016/
- Published: 2016-09-30T10:00:51.000Z
- Updated: 2016-09-30T10:00:51.000Z
- Description: Spotify announced that its total payments to artists, labels, publishers and other rightholders now tops $5 billion.That's up $2 billion from June 2015, when the music streamer shared that it. Continue reading [https://www.hypebot.com/hypebot/2016/09/spotify-on-track-to-pay-music-industry-more-than-
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Streaming, Albany, Apple Inc., Apple Music, Bagel, Bahamas Cruises, Bassinet, Bathroom, BB&T, Black Legion (film), Cambria (company), Casa Monica Hotel, Frank Ocean, Google, music industry, Never Miss a Beat, New York, Pandora Radio, record label, Spotify, Streaming media, The Times, #wp, #wp-post, #Import 2026-01-21 10:22

[![Spotify$](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d22373ac970c-150wi "Spotify$")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d22373ac970c-popup?ref=hypebot.com)**Spotify** announced that its **total payments** to artists, labels, publishers and other rightholders now tops **$5 billion**.That's **up $2 billion** from June 2015, when the music streamer shared that it had paid out $3 billion total.At this pace, which is likely quickening, Spotify is paying the music industry **$133 million month** or a projected **$1.6 billion in 2016.**

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