Spotify is set to announce the most significant changes to its royalty model since the streaming service launched in 2008, Music Business Worldwide reports. Taking effect in Q1 2024, the most controversial of these changes will see Spotify demonetizing tracks that receive less than 1000 plays annually.
The streaming giant is planning to apply a minimum annual threshold to all songs on its platform, meaning that every track will have to generate 1000 streams before any money is paid out to the artists and rightsholders behind it. Until this point, every song played on Spotify for longer than 30 seconds generated a royalty payment: this will no longer be the case.
