Spotify may bring major changes to its royalty model, here's how

Spotify is planning to make changes to its royalty model by early 2024. The changes aim to direct more money to major labels and artists, but one proposed change, which involves applying a minimum threshold of annual streams before earning royalties, has already faced criticism. Other streaming platforms, such as Soundcloud and Deezer, have also revised their royalty models.

Spotify may bring major changes to its royalty model, here's how
Spotify is planning to make changes to its royalty model by early 2024. The changes aim to direct more money to major labels and artists, but one proposed change, which involves applying a minimum threshold of annual streams before earning royalties, has already faced criticism. Other streaming platforms, such as Soundcloud and Deezer, have also revised their royalty models.