this post was submitted on 17 Nov 2023
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That's easy to know, actually. Spotify pays 70% of revenue to rights holders, and keeps 30%. Hence an increase of $1 will mean $0.30 for Spotify, and $0.70 to rights holders.
https://labelgrid.com/blog/royalties/spotify-pay-per-stream/
Rights holders ≠ artists
This is true, yes, but the same applies for all streaming services.
It's kind of funny how the labels have basically dodged any blame in the public eye, in favour of having Spotify be considered the enemy of artists in this case.