The company is planning changes to its royalty model for 2024 that will disqualify some tracks from payments and increase penalties for fraud.
An updated version of the Protect Working Musicians Act, which would allow indie creators to collectively bargain with DSPs, now includes AI companies.
The trade group has "concerns" that the model will disadvantage independent artists and labels.
Jeronimo Folgueira breaks down the streamer's new "artist-centric" payout model and how the company arrived at the definition of a "professional artist."
The Copyright Royalty Board issued its final determination for Phonorecords III, setting a countdown to to rectify now-incorrect payments for the last five years.
The two companies announced they will partner to find a new solution to the economic model in streaming. The result could spark an industry-wide change.
