Spotify royalties will cease reaching about 2/3rds of all on-platform tracks under a revamped payout model in 2024, per a new report.| Digital Music News
Stem has announced a deal with Victory Park Capital, and under the tie-up, the companies will distribute $250 million in artist advances.| Digital Music News
How much does Spotify pay per stream? The latest data shows that Spotify pays most artists roughly one-third of a penny for each stream.| Digital Music News
Kristin Graziani, the president of music distribution platform Stem, argues that Spotify’s new royalty model is likely to benefit artists.| Consequence