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2025-01-30 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >
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Shulou(Shulou.com)11/24 Report--
CTOnews.com, Nov. 22 (Xinhua)-- Spotify today announced its new streaming payment policy for artists and record companies. The details are basically the same as the previous reports. Songs played less than 1000 times a year will not be paid at all, and minority artists will suffer.
Tuyuan PexelsSpotify is already notorious for underpaying artists, and now many artists will get nothing. Spotify said this was to eliminate fraud, while saying that the money originally allocated to these niche artists and so-called fraudsters would be redistributed to songs that were played more than 1000 times a year.
In addition, the company no longer pays for so-called "noise" content, such as recordings that Rain Water left on the roof and other content used to relax and provide white noise. This will not affect all noise content, only for those less than two minutes in length. In addition, Spotify is currently looking to adjust the royalty model for noise recordings to be lower than the payment for real songs. However, the company did not provide any specific details.
Spotify claimed that the measures would provide artists with an additional $1 billion (CTOnews.com Note: about 7.14 billion yuan currently) over the next five years, but gave no details of how the money would be redistributed, saying only that the company would not "earn extra money" under this model.
Spotify pointed out that 99.5 per cent of streaming met the above threshold, but also said that the remaining 0.5 per cent accounted for only $40 million a year. Spotify also claims that songs that are played less than 1000 times a year generate an average of only $3 a year, which is not much.
Creators of fraudulent content often "play with the system" by posting a large number of tracks, each earning a few cents, and adding up over time, Spotify said. Spotify hopes that the 1000 playback threshold will stop this behavior at the expense of minority artists.
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