Spotify however notes that it is the largest sum paid by one retailer to the music industry in one year in history, including any single retailer at the height of the CD era.
52,600 artists of the total 8 million artists residing on the platform generated more than $10,000 from Spotify in 2021, which puts the total royalty picture in perspective. In 2021, the three major record labels - Sony, Universal and Warner - earning $12.5 billion from streaming recorded revenue alone, with Spotify payments making around a third of that streaming total. In other Spotify news, the streaming platform announced that it paid out a record $7 billion in royalties in 2021, up from 2020’s $5 billion. The feature launched with custom playlist cover art so users can distinguish between playlists, taste match scores, and shareable cards. The feature first launched in August 2021 after being beta tested in June and uses Spotify’s personalisation capabilities and collaborative playlist functionality. Start inviting others to add songs and podcasts on social media or other channels. Click the 'add user' button in the title to make the play list collaborative.
You can only operate on the playlists that have been created. The Blend playlist feature is available for both free and premium Spotify users. Go to playlists and select a playlist to be created collaboratively. Quick Answer: To make a collaborative Spotify playlist, go to Your Library > Playlists, click the + and select New Playlist. Additionally, Spotify will generate a sharecard that shows their listening preferences in relation to the artist, as well as songs both the user and artist mutually enjoy. The artist playlists for Blend will work similarly, and currently features 20 artist playlists for users to Blend with, including K-pop sensations BTS, AB6IX, Charli XCX, Kacey Musgraves, Lauv, Megan Thee Stallion and Diplo.
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