Spotify 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.
Read more on thefader.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.