[VERGE] Spotify is reportedly making major changes to its royalty model

This is the best summary I could come up with:

The biggest reported change, and the one that is already garnering criticism, is a minimum threshold of annual streams for a track before it starts earning royalties.

That may not sound like a lot of money, but one source told MBW that when multiplied over the many, many low-play tracks on the streamer, it accounts for tens of millions of dollars.

And Spotify would not be the first streamer to put a minimum on monetization — YouTube creators can only start making money through ads once they amass 1,000 subscribers and 4,000 hours watched over the course of a year.

“Right now, streams and revenue are effectively synonymous, but by this time next year, they will mean very different things,” wrote music industry analyst Mark Mulligan.

Platforms like Tunecore, DistroKid, and CD Baby may have a harder sell on their hands if the number one music streamer in the world has raised the bar on who gets paid.

“We’re always evaluating how we can best serve artists, and regularly discuss with partners ways to further platform integrity,” Spotify spokesperson Chris Macowski said in a statement to The Verge.

The original article contains 628 words, the summary contains 188 words. Saved 70%. I'm a bot and I'm open source!