Spotify, the popular music streaming platform, announced on Monday that it had distributed over $100 million to creators of podcasts in the first quarter of 2025, which is the first time the company has shared this information.
In the previous year, the company made a revenue of 15.7 billion euros ($17.9 billion) and began offering non-music audio and video content on its platform in 2015.
“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,” the company said in a statement.
“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.
Spotify’s payments include “ad-based revenue and revenue generated through the Spotify Partner Program, which launched earlier this year in select markets” and provides content creators with more ways to monetise their content, the streaming giant said.
Their investment in podcasts has grown significantly, with the acquisition of Gimlet Media in 2019. The Swedish company is set to release its first-quarter earnings on Tuesday after achieving its first annual net profit of 1.1 billion euros in 2024.
