Spotify Updates Royalty Criteria, Mandating Unique Listeners for Payments

Spotify is introducing a new rule that will impact artists’ earnings starting in 2024. To qualify for royalties, artists must now achieve a minimum of 1,000 unique listeners annually across all their tracks. This change aims to combat artificial streaming practices and ensure fairer compensation for musical creators. The updated metric impacts both music streaming services and related crypto assets that utilize Spotify’s data for royalty calculations. 1,000 unique listeners per year is the new threshold for artists seeking royalties.