According to one music industry exec’s estimate, the controversial Spotify stream minimum cost emerging artists $47 million during 2024. As many know, that approach sees Spotify pay recording royalties only for tracks with at least 1,000 annual streams. Implemented (along with other changes) at the behest of the majors, the revamped model is effectively preventing the vast majority of uploaded recordings from generating payments.
Source: Spotify Stream Minimum Cost Indies $47M in 2024, Exec Estimates