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Spotify Officially Demonetizes All Tracks With Less Than 1,000 Streams

As of April 1, 2024, Spotify has officially demonetized all tracks on the platform with under 1,000 streams. The new royalty scheme, which...

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New Bill Would Boost Streaming Royalty Revenue For Artists

Today, the United Musicians and Allied Workers (UMAW) union and U.S. Representatives Rashida Tlaib and Jamaal Bowman have introduced a new bill to...

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Spotify Will Axe 17 Percent Of Employees In Latest Round Of Layoffs

Spotify will lay off around 17 percent of its employees in an effort to “cut costs,” according to an internal memo obtained by...

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Spotify’s Royalty Overhaul To Include A 1,000-Play Requirement For A Track To Earn Money

Last month, Music Business Worldwide (MBW) reported that Spotify will overhaul its royalty model next year with three new requirements for tracks to earn...

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Spotify Will Overhaul Royalty Model To Put Money Back In The Hands Of “Working Artists”

Beginning next year, Spotify will make major changes to its royalty payout model with the intention to redistribute over $1 billion in royalty...

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New Legislation Could Help U.S. Musicians Negotiate “Fairer Rates” With Streaming Platforms

An update to the Protect Working Musicians Act, initially introduced in the U.S. House of Representatives in 2021, could help independent musicians negotiate...