Tag

Royalty Model

All articles tagged with #royalty model

musictech2 years ago•5 min saved

Spotify's Updated Royalty Model: Winners and Losers Revealed

Spotify confirms its new royalty model, which includes demonetizing low-played tracks, charging fees for streaming fraud, and monetizing "noise" tracks after two minutes of listening. The company argues that these changes will generate an additional $1 billion in revenue for emerging and professional artists over the next five years. Meanwhile, Spotify is reportedly looking for a new ad agency as it reduces marketing spend. In other news, Pushkin Industries, co-founded by Malcolm Gladwell, has seen multiple layoffs and leadership changes, leading to its employees unionizing with the Writers Guild of America, East.

via The Verge|

#ad-agency #musictech #pushkin-industries

musictech2 years ago•4 min saved

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.

via Music Business Worldwide|

#artists #musictech #revenue

musictech2 years ago•2 min saved

Spotify's New Royalty Model: Over Half of Songs Ineligible for Payouts

Spotify is implementing new rules that will demonetize tracks on its platform that receive less than 1000 plays annually, redirecting funds from the 0.5% of artists who fall below this threshold to the rest of the royalty pool. This means that over half of all songs on Spotify, which have yet to reach the 1000-stream threshold, will no longer generate any royalties. Additionally, Spotify will charge penalties to distributors and labels enabling fraudulent streams and increase the playtime required for "functional" content to earn royalties. These changes mirror similar moves by Deezer and aim to address issues of low payouts and fraud in the streaming industry.

via MusicRadar|

#artists #music-industry #musictech