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Last year, Spotify paid out more than $11 billion to the music industry, bringing the company’s total payouts since launch to nearly $70 billion.

The milestone year reflected the “largest annual payment to music from any retailer in history,” the company announced on Wednesday in a post. In 2025, Spotify’s payout amount grew by over 10%, making the Sweden-based streamer one of the industry’s main revenue drivers.

“Big, industry-wide numbers can feel abstract, but that growth is showing up in tangible ways,” wrote Charlie Hellman, the company’s new head of music. “Despite rampant misinformation about how streaming is working today, the reality is that this is an era full of more success stories and promise than at any point in history.”

When music streaming was first introduced, there was some controversy about how much artists earn from streams. According to Spotify, independent artists and labels accounted for half of all royalties. Additionally, the company said there are currently more artists earning over $100,000 a year from Spotify alone than were getting stocked on shelves at the height of the compact disc era.

Founded in 2006, the company, with a large presence in L.A.’s Arts District, has become the world’s most popular audio streaming subscription service. The platform offers access to over 100 million tracks, podcasts and audiobooks in over 180 markets.

At the top of the year, founder Daniel Ek moved from his CEO position to become executive chairman. Spotify named two co-CEOs, Gustav Söderström and Alex Norström, in his place.

This month, Spotify raised prices for its premium subscribers in the U.S., bringing the costto $12.99 per month. Hellman disclosed that as Spotify’s audience continues to grow, the higher prices are designed to help with the company’s ongoing expansion. According to the post, Spotify makes up roughly 30% of recorded music revenue and pays out two-thirds of all music revenue to the industry. The other third gets invested back into the company to maintain an “unrivaled listening experience.”

Recently, the streamer has been focused on growing its podcasting division by opening a new recording studio in Hollywood, premiering several shows in partnership with Netflix and expanding its creator monetization program.

Separately, Spotify said it is hoping to counter new developments in AI by reinforcing a human connection between artists and fans. This includes an emphasis on more artist-powered videos, continuing to promote artists’ live shows on the platform and expanding the role of the company’s music curators. The streamer also has plans to crack down on AI-driven artists on the platform.

“AI is being exploited by bad actors to flood streaming services with low-quality slop to game the system and attempt to divert royalties away from authentic artists,” said Hellman. “We’re going to introduce changes to the systems for artist verification, song credits, and protecting artist identity. It’s critical to ensuring listeners and rightsholders can trust who made the music they’re hearing.”

BRUSSELS — NATO Secretary-General Mark Rutte insisted on Monday that Europe is incapable of defending itself without U.S. military support and would have to more than double current military spending targets to be able to do so.

“If anyone thinks here … that the European Union or Europe as a whole can defend itself without the U.S., keep on dreaming. You can’t,” Rutte told EU lawmakers in Brussels. Europe and the United States “need each other,” he said.

Tensions are festering within NATO over President Trump’s renewed threats in recent weeks to annex Greenland, which is a semiautonomous territory of NATO ally Denmark.

Trump also said that he was slapping new tariffs on Greenland’s European backers, but later dropped his threats after a “framework” for a deal over the mineral-rich island was reached, with Rutte’s help. Few details of the agreement have emerged.

The 32-nation military organization is bound together by a mutual defense clause, Article 5 of NATO’s founding Washington treaty, which commits every country to come to the defense of an ally whose territory is under threat.

At NATO’s summit in The Hague in July, European allies — with the exception of Spain — plus Canada agreed to Trump’s demand that they invest the same percentage of their economic output on defense as the United States within a decade.

They pledged to spend 3.5% of gross domestic product on core defense, and a further 1.5% on security-related infrastructure – a total of 5% of GDP – by 2035.

“If you really want to go it alone,” Rutte said, “forget that you can ever get there with 5%. It will be 10%. You have to build up your own nuclear capability. That costs billions and billions of euros.”

France has led calls for Europe to build its “strategic autonomy,” and support for its stance has grown since the Trump administration warned last year that its security priorities lie elsewhere and that the Europeans would have to fend for themselves.

Rutte told the lawmakers that without the United States, Europe “would lose the ultimate guarantor of our freedom, which is the U.S. nuclear umbrella. So, hey, good luck!”