Nigeria, April 29 -- Spotify has announced that it paid more than $100 million to podcasters around the world in the first quarter of 2025.

The company shared this update on Monday, revealing the payment figure for the first time in its history.

This programme, launched earlier this year in selected countries, offers new ways for podcast creators to earn money from their work.

Spotify, which first introduced podcasts and other non-music content in 2015, has steadily expanded its investment in this area.

In 2019, the company acquired Gimlet Media, a well-known podcast production firm, showing a stronger focus on audio storytelling.

In 2024, Spotify achieved its first annual net profit of 1.1 billion euros.

The company is expected to ...