Spotify is screwing independent musicians again…

Spotify is screwing independent musicians again… – Mixed Signals

Video

https://www.youtube.com/watch?v=wpnMRCiJdcY

Summary

### Summary
The text discusses Spotify’s proposed changes to its royalty payout system in 2024. The aim is to increase legitimate artist royalty payments and address issues with the current system that disproportionately benefits top artists. Changes include raising the threshold for royalty payments, penalizing distributors for fraudulent activity, and introducing a minimum length of time non-music tracks must reach before receiving royalties.

Highlights

  • Spotify proposes changes to its royalty payout system in 2024
  • Aim is to increase legitimate artist royalty payments and address issues with current system
  • Changes include raising the threshold for royalty payments, penalizing distributors for fraudulent activity, and introducing a minimum length of time non-music tracks must reach before receiving royalties

Key Takeaways

  • The proposed changes have potential drawbacks that should be considered
  • It’s essential to improve detection algorithms and verification processes for fraudulent activity
  • Introducing minimum length for non-music tracks raises philosophical questions about what constitutes music or noise

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