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Spotify says its upcoming royalty model changes will generate $1B for artists over five years

Spotify’s upcoming royalty model changes will generate $1 billion in five years for new and popular artists, the streaming service announced on Tuesday. As previously reported, Spotify is changing its royalty system to direct more money to popular artists and record labels, while raising the minimum payment threshold for music streaming on the platform and tackling […]

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source https://techcrunch.com/2023/11/21/spotify-upcoming-royalty-model-changes-generate-1b-artists-over-five-years/

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