hey loves,
remember my recent rant about spotify and what’s so wrong about it?
well, little did I know, how much worse would it get in a blink of an eye
Here’s a full rundown of Spotify’s new royalties model:
by Elias Leight, Colin Stutz for Billboard.com / 20.11.2023
- Tracks that receive less than 1,000 streams within a 12-month period will not qualify for royalties. Those royalties, instead, will be redistributed into the greater royalty pool.
- Labels and distributors will be charged 10 euros for any track that is found to have 90% or more of its streams deemed fraudulent.
- Non-music noise tracks must now be at least two minutes long in order to qualify for royalties and each play will count for one-fifth of a music track’s stream, according to sources.
and so far this year i made €9.62
this means that even this laughable payment for my work will be taken from me. cause no, i don’t deserve payment in their opinion.
not only me, by the way. if we look globally, here’s what we see:
…in 2024 Spotify will stop paying anything at all for roughly two-thirds of tracks on the platform. That is any track receiving fewer than 1,000 streams over the period of a year. Tracks falling under this arbitrary minimum will continue to accrue royalties – but those royalties will now be redirected upwards, often to bigger artists, rather than to their own rights holders.
by Damon Krukowski for The Guardian / 30.11.2023
so if you really wanna support me, please join MYCELIUM – my own streaming platform, encompassing everything i create
love,
gene
update 16.12.2023:
Official statement from Spotify delivered in the form of exciting news
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