As of April 1, 2024, Spotify has officially demonetized all tracks on the platform with under 1,000 streams.
The new royalty scheme, which was leaked and then officially announced in November 2023, means music that has not passed a pre-determined threshold of 1,000 plays in the prior 12 months will not be included in Spotify’s “Streamshare” royalty pool.
In its announcement blog post, Spotify said 99.5 percent of all tracks on the platform have more than 1,000 plays. The streaming giant claims the move will reallocate tens of millions of dollars each year to tracks above the…