Spotify's Updated Royalty Model: 1,000 Streams Required for Payouts

Spotify has confirmed the details of its upcoming changes to its royalty model, aiming to better support artists dependent on streaming revenues. The changes include introducing a minimum threshold of 1,000 streams in the previous 12 months for tracks to generate recorded royalties, charging labels and distributors for flagrant artificial streaming, and increasing the minimum track length for functional noise recordings to two minutes. Spotify believes these policies will drive an additional $1 billion in revenue towards emerging and professional artists over the next five years.