Only 0.5% of the royalty pool will be impacted, however, reflecting the large number of tracks that receive few streams.
A new study from the digital rights tech company Pex estimates that there are more than 1 million unauthorized remixes floating around streaming services.
His Latto collaboration “Seven” had a history-making streaming day on Monday (Oct. 30).
The re-recording of '1989' has bea
The pop star's 2022 album, "Midnights," previously held the record.
The Spanish singer-songwriter's "Si No Estás" also entered the Billboard Global Excl. U.S. chart at No. 4, and No. 10 on the Billboard Global 200.
The controversial changes are reportedly set to have the most benefit for major labels
The company is planning changes to its royalty model for 2024 that will disqualify some tracks from payments and increase penalties for fraud.
The music streaming giant reported an 11% spike in revenue and its first profit in a year following a $1-price hike on U.S. premium solo plans.
The Puerto Rican superstar was already a force to be reckoned with on Spotify, as the most-streamed artist globally on the app for the past three years.
