Tech has waded into another feud with artists.
According to Spotify,more than 60% of the platforms catalogue doesnt reach this threshold.
However, they account for under 1% of the streams.
Spotify said it would not make any extra money under the model.
Instead, the company has pledged to redistribute the payments to all eligible tracks.
This plan has proved divisive.
Opponents of the move includeDIYcreators,music companies, and legal experts.
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Damon Krukowski of the dream-pop duo Damon and Naomi,compared the model to a regressive tax.
Why would you believe them?
One critic has argued that the move could even face a legal challenge.
The streaming giant said tracks with under 1,000 annual streams generate $0.03 per month on average.
The company added that many creators dont even get this payment.
Some independent artists and companies have welcomed the move to expand these payments.
They have also praised the potential to fight thefraudulent streamingtactic of uploading an extremely high volume of songs.
They should soon see how it works out in reality.
Spotify plans to roll out the new model early next year.
Story byThomas Macaulay
Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he e(show all)Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he enjoys playing chess (badly) and the guitar (even worse).
