In 2023, royalties generated by South African musical artists on Spotify alone reached nearly R256 million. This was revealed on Monday morning in Rosebank, Johannesburg where the streaming platform shared its numbers of the last year
The figure reflects a nearly 240% increase since 2019 and a more than 500% increase since 2017.
These numbers were part of The International Federation of the Phonographic Industry’s (IFPI) 2024 report; the Sub-Saharan Africa (SSA) music industry is the only region where…
