Beginning next year, Spotify will make major changes to its royalty payout model with the intention to redistribute over $1 billion in royalty revenues to “legitimate” artists and rightsholders, according to a new report from Music Business Worldwide (MBW).
The music streaming giant will introduce three new requirements for tracks to earn streaming royalties in an effort to “combat three drains on the royalty pool–all of which are currently stopping money from getting to working artists,” per MBW.
The first of these rules is a minimum annual stream count that will be necessary…
