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Fibonacci Tech News

Spotify is reportedly making major changes to its royalty model

Image: The Verge

Big changes are coming to Spotify’s royalty model, according to Music Business Worldwide (MBW). If and when they are implemented in early 2024, it will raise the bar for who gets paid from music streaming on the platform — and direct more money to major labels and artists.

Two of the three proposed changes should be relatively uncontroversial. According to the report, Spotify will fine music distributors (including labels) for fraudulent activity detected on their tracks. Streaming fraud is pretty widespread, and a crackdown is long overdue. The second change will raise the minimum length of play time for noise tracks (background noise like rain, static, etc.) before they start earning royalties. Currently, any track that gets played for…

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