Spotify Is Screwing Over Small Artists AGAIN
October 28, 2023
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11:04Now PlayingSpotify Is Screwing Over Small Artists AGAIN
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as posted by the channelSpotify is changing the royalty threshold, demonetizing some tracks of lesser known artists. Ben Gleib, Jordan Uhl and Mayor Mondale Robinson discuss on The Young Turks.
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"Spotify is planning to make changes to its royalties model early next year, Billboard and Music Business Worldwide (MBW) report. The reported plans will impact artists who don’t generate significant streaming numbers, anyone accused of fraudulent activity, and anyone who uploads white noise or nature sounds.
The first proposed change to Spotify’s royalties system requires for a song to hit a minimum number of annual streams before it will generate royalties. That threshold, which has not been announced or made clear, will reportedly demonetize songs that received 0.5% of the streamer’s overall royalty pool. According to MBW, that money will be redistributed through Spotify’s Streamshare royalty pot and pay out to more popular songs."
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