Spotify’s royalties to Nigerian and South African artists reached $59 million in 2024 as global demand for Afrobeats ...

JOHANNESBURG (Reuters) - Audio streaming giant Spotify's royalty payments to artists from Nigeria and South Africa - its two biggest African markets - spiked to around $59 million last year as ...

STORY: Audio streaming giant Spotify’s royalty payments to artists from Nigeria and South Africa spiked to around $59 million last year as performers rode a wave of growing interest in music from the ...

Royalties for South African performers reached 400 million rand ($21 million), up 54% year-on-year. Much of that came from outside their home markets. Nigerian artists have seen a 49% increase in ...