Report: Spotify to demonetize lowest-streaming tracks
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thefader.comSpotify is planning to roll out major changes to its royalty model, Music Business Worldwide and Billboard report. Per those publications, the company will execute this plan in the first financial quarter of 2024 in an effort to “combat three drains on the royalty pool — all of which are currently stopping money from getting to working artists.” These drains, apparently, are low-streaming tracks, “fraudulent activity” on the platform, and non-music “noise” audio that, in the current model, is placed on par with bona fide songs.
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