Tag Archives: spotify

Spotify Revolutionizes Artist Royalties & Click Counts Determine Payouts

Spotify Revolutionizes Artist Royalties & Click Counts Determine Payouts

On Tuesday, the audio service giant Spotify announced radical changes to its system of allocating financial rewards to artists.
This move reflects the company’s commitment to improving mechanisms supporting creatives and enhancing fairness in revenue distribution.

 

Topic

The details

The most important expectations
 

 

 

The details

 

In explaining the modifications, the Swedish company clarified that the changes involve linking artists’ receipt of financial rewards to a specific number of listens, where payment depends on songs reaching a minimum threshold of clicks.
The company didn’t stop there but also decided to curb artificial manipulations and interventions by focusing on filtering out “noise” unrelated to musical content, such as environmental and natural sounds.

 

Spotify believes these measures will achieve three main goals: reducing the use of automated bot programs to inflate numbers, better distributing funds for small artistic works that may not receive significant attention, and preventing attempts to manipulate the system.

 

 

 

 

The most important expectations

 

The adjustment is expected to take effect from the beginning of 2024, with financial rewards contingent on achieving at least a thousand listens over a 12-month period. To implement this change, Spotify will use millions of dollars annually to boost payments for qualifying songs.

 

In conclusion, Spotify expressed optimism that these measures will contribute to generating additional revenue of up to a billion dollars over the next five years, benefiting both emerging and professional artists alike.

 

Spotify Revolutionizes Artist Royalties & Click Counts Determine Payouts

 

Spotify acquiring Kinzen Strengthens Platform’s Safety

 

Spotify acquiring Kinzen
Strengthens Platform’s Safety

 

Spotify acquiring Kinzen Strengthens Platforms Safety, in May 2020,
Spotify announced a partnership with Kinzen to help Spotify better control podcasts
and other audio content, since 2020, Spotify has collaborated with Kinzen,
and the start-up has now been bought by the music streaming company.

 

Topics

Technology
Complexities
Head of Trust and Safety

 

 

 

 

 

Technology

 

Using machine learning and human knowledge,
the technology will be used to better control
podcasts and other audio.

Kinzen was developed in 2017 by Aine Kerr, Mark Little, and Paul
Watson to shield public dialogues against harmful disinformation and material.
It provides tools to assist platforms in planning ahead of time by receiving early alerts
about growing narratives and trends that might become disinformation concerns,
this will help Spotify in its goal of becoming the leading audio platform in the world.

 

 

Complexities

 

Spotify said “Kinzen’s advanced technology
and deep expertise will help us more effectively deliver a safe,
enjoyable experience on our platform around the world,”
The announcement comes only one day
after the European Council adopted laws aimed at
creating a more secure and transparent online environment
with increased responsibility and protection.
Because of the complexities of analyzing audio content in hundreds of languages and dialects,
as well as the difficulty of effectively evaluating the nuance and intent of that content,
Spotify added “We will be working on building out Kinzen’s technology to expand its capabilities
and to work with our team on new ways that we can protect our users,”
in that, the acquisition of Kinzen will help the company better understand the abuse landscape
and identify emerging threats on the platform.

 

 

Head of Trust and Safety

 

Sarah Hoyle, Spotify’s Head of Trust and Safety
“The combination of tools and expert insights
is Kinzen’s unique strength that we see as essential to identifying emerging abuse trends in
markets and moderating potentially dangerous content at scale,”.
“This expansion of our team,
combined with the launch of our Safety Advisory Council,
demonstrates the proactive
approach we’re taking in this important space.
” Kinzen and its fantastic staff have formed an influential
and collaborative alliance. Working together,
we’ll be able to improve our ability to detect and
address harmful content even further, and significantly,
in a way that takes into account the local context.
This investment expands Spotify’s approach to platform safety
and underscores how seriously we take our commitment
to creating a safe and enjoyable experience for creators and users.