Hello guys, let's consider this ❗
#Spotify just announced three ways they intend to change how they pay royalties, and one of the policies includes not paying royalties to artists whose earnings fall below a minimum threshold.
What will they do with all those #royalties from independent artists?
Answer is - mostly redistribute 💰 to the #majors. Starting from Q1 2024.
#FairSpotify #Musicians #artists #indie #indepedent #Distribution #decentralization
https://musicindustryblog.wordpress.com/2023/10/24/two-tier-licensing-is-about-to-become-a-reality/
There is a YT video from Disc Makers CEO 👇