Daniel Ek announces his resignation as Spotify's CEO, transitioning to executive chairman as Gustav Söderström and Alex Norström take over as co-CEOs. This shift comes amidst growing artist protests over Spotify's treatment of musicians.
Spotify has made headlines by announcing over $10 billion in payouts to the music industry in 2024. While more artists are earning money, the distribution system may leave many creators with less than expected.
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