Is Spotify STEALING ROYALTIES? Should You Boycott? | Spotify Royalties Explained

Let's talk for a minute about the new Spotify Policy change.

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From Music Business Worldwide:

Last month Music Business Worldwide broke the news that major changes were coming to Spotify‘s royalty model in Q1 2024. The most controversial of those changes? A new minimum annual threshold for streams before any track starts generating royalties on the service.

At the time of our report, we couldn’t confirm a precise number for this minimum threshold. Now we can: It’s 1,000 plays.

The news was first nodded to by a guest post from the President of the distribution platform Stem, Kristin Graziani, published on Thursday (November 2).

MBW has subsequently confirmed with sources close to conversations between Spotify and music rightsholders that 1,000 streams will indeed be the minimum yearly play-count volume that each track on the service has to hit in order to start generating royalties from Q1 2024.

We’ve also re-confirmed Spotify’s behind-the-scenes line on this to record labels and distributors right now: That the move is “designed to [demonetize] a population of tracks that today, on average, earn less than five cents per month”.

Five cents in recorded music royalties on Spotify in the US today can be generated by around 200 plays.

Full Article: https://www.musicbusinessworldwide.co...
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