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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...

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Artists Can Now Pay To Be Featured On Spotify’s Homepage With Showcase

Spotify has launched a new tool for artists that allows them to purchase sponsored music placements on the platform’s homepage. The new marketing...

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Spotify Launches New Hyper-Personalized Daily Playlist: The Daylist

Yesterday, Spotify introduced a new personalized playlist offering called “daylist,” an ever-evolving collection of music that changes with a user’s moods throughout the...