{"id":34574,"date":"2023-09-14T14:23:08","date_gmt":"2023-09-14T14:23:08","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/spotify-denies-30-second-trick-could-make-you-rich"},"modified":"2023-09-14T14:40:32","modified_gmt":"2023-09-14T14:40:32","slug":"spotify-denies-30-second-trick-could-make-you-rich","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/spotify-denies-30-second-trick-could-make-you-rich","title":{"rendered":"Spotify denies 30-second trick could make you rich"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>The head of Spotify has denied claims that users can repeatedly listen to their own uploaded 30-second track to rake in monthly royalties. Finance analysts at JP Morgan had said that Spotify subscribers could make $1,200 (\u00a3960) a month by listening to their song on repeat, 24 hours a day.<\/p>\n

The claim suggested Spotify\u2019s royalty payment structure could be manipulated. But Daniel Ek, the streaming giant\u2019s CEO, says that is not how the platform\u2019s royalties work.<\/p>\n

The theory was first reported in the Financial Times, and then tweeted about by Julian Klymochko, founder of Accelerate, a Canadian-based investment company.<\/p>\n

\u201cIf that were true, my own playlist would just be \u2018Daniel\u2019s 30-second Jam\u2019 on repeat!\u201d Mr Ek tweeted back in response.<\/p>\n

\u201cBut seriously, that\u2019s not quite how our royalty system works.<\/p>\n

Concerns have been raised that artificial streaming \u2013 where devices run chosen tracks on loop \u2013 is hindering the music industry, with JP Morgan executives estimating as much as 10% of all streams are fake, according to the Financial Times.<\/p>\n

Just last week, Swedish Newspaper Svenska Dagbladet reported that criminal gangs were using Spotify\u2019s royalty system to launder money made through drug deals.<\/p>\n

According to Spotify\u2019s website, it has two tiers of royalties, and artists are paid out once a month \u2013 but how much they get can vary. \u201cContrary to what you might have heard, Spotify does not pay artist royalties according to a per-play or per-stream rate,\u201d the website says.<\/p>\n

\u201cThe royalty payments that artists receive might vary according to differences in how their music is streamed or the agreements they have with labels or distributors.
\nUniversal Music Group and Deezer recently announced they will jointly launch a music streaming model aimed at generating bigger royalties for artists \u2013 meaning they will be paid more if users actively choose to listen to their music. This could mean Spotify, and other streaming services such as Apple Music, will be forced to adjust their own models.<\/p>\n

For More News And Analysis About Mauritius<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. The head of Spotify has denied claims that users can repeatedly listen to their own uploaded 30-second track to rake in monthly royalties. Finance analysts at JP Morgan had said that Spotify subscribers could make $1,200 (\u00a3960) a month by listening to their song on repeat, 24 hours a day. The claim […]<\/p>\n","protected":false},"author":84,"featured_media":34573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,245,241,672],"class_list":["post-34574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-mauritius","tag-mauritius","tag-work"],"yoast_head":"\nSpotify denies 30-second trick could make you rich - Mauritius<\/title>\n<meta name=\"description\" content=\"The head of Spotify has denied claims that users can repeatedly listen to their own uploaded 30-second track to rake in ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/spotify-denies-30-second-trick-could-make-you-rich\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spotify denies 30-second trick could make you rich\" \/>\n<meta property=\"og:description\" content=\"The head of Spotify has denied claims that users can repeatedly listen to their own uploaded 30-second track to rake in ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/spotify-denies-30-second-trick-could-make-you-rich\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-14T14:23:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-14T14:40:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/09\/sm_1694689611.535207.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"530\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/spotify-denies-30-second-trick-could-make-you-rich#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/spotify-denies-30-second-trick-could-make-you-rich\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Spotify denies 30-second trick could make you rich\",\"datePublished\":\"2023-09-14T14:23:08+00:00\",\"dateModified\":\"2023-09-14T14:40:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/spotify-denies-30-second-trick-could-make-you-rich\"},\"wordCount\":345,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/spotify-denies-30-second-trick-could-make-you-rich#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/09\/sm_1694689611.535207.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"Mauritius\",\"Work\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/spotify-denies-30-second-trick-could-make-you-rich#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/spotify-denies-30-second-trick-could-make-you-rich\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/spotify-denies-30-second-trick-could-make-you-rich\",\"name\":\"Spotify denies 30-second trick could make you rich - 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