SPOTIFY EXECUTIVES CASH OUT $1.1 BILLION: Equal to 314 Billion Streams for Artists
We’ve previously written about the unfairness faced by artists on Spotify and how CEO Daniel Ek ensures he is well-compensated. While independent musicians struggle to make a living from their work, Spotify executives reportedly cashed out $1.1 billion in company stock in 2024 – a sum that would require a single artist to achieve an impossible 314 billion streams to earn the...