Posted 9/11/2023, 8:51:37 PM
Spotify CEO denies users can game streaming royalties by looping own short tracks
- Spotify CEO denies claim that users can make money by repeatedly playing own 30-second song
- Financial analysts suggested Spotify subscribers could earn $1200 a month doing this
- Spotify CEO says this doesn't reflect how their royalty system actually works
- Concerns that artificial streaming with repeated tracks is hurting music industry
- Streaming services like Spotify pay artists through complex royalty system, not per play