Spotify to change Royalty Structure in 2024

As Detailed by Billboard, Spotify will significantly change its royalty structure in 2024. The most significant changes are three main items: 1) If a track generates less than 1,000 plays in a year, that artist/rights holder will receive no payout(Spotify claims those micro-payments will then be distributed into the larger royalty pool); 2) Labels and distributors will be fined roughly $90 for any track that is determined to have 90% or higher fraudulent streams (streams played by non-humans for the purpose of generating income); 3) Non-music noise tracks must now be at least two minutes long in order to qualify for royalties and each play will count for one-fifth of a music track’s stream. Spotify states that this move is due to the fact that a significant portion of money for non-popular...

unsplash-logoLilith Redmoon