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The Independent UK
The Independent UK
Lifestyle
Peony Hirwani

Spotify CEO Daniel Ek denies existence of alleged artist streaming scheme

Daniel Ek Spotify Julian Klymochko United States
Getty Images

Spotify CEO Daniel Ek has responded to an alleged scheme on the platform that could supposedly make artists more money.

On Monday (11 September), Julian Klymochko, founder and CEO of Accelerate, cited a JP Morgan report that suggested artists could make up to $1,200 a month in royalties on Spotify if they uploaded a 30-second track and then programmed their phone to listen to it on repeat for 24 hours.

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