In a groundbreaking move that’s sending waves through the music industry, Spotify has officially pulled the plug on monetization for tracks garnering fewer than 1,000 streams. As of April 1, 2024, the streaming giant’s new policy dictates that only tracks surpassing this threshold within the past 12 months will be eligible for royalty consideration. This adjustment, Spotify claims, will enrich the earnings of tracks that do meet the criteria, considering that a whopping 99.5% of streams are of tracks above this benchmark. But is this a fair play, or does it sideline emerging artists struggling for exposure?
