Spotify 2024 Royalty Meaning

Spotify 2024 Royalty Meaning. Spotify will implement a minimum number of streams for artist payment next year, a new report confirms. Spotify, on average, pays artists $2.38 per thousand streams.

Spotify’s current royalty rate is about $0.0024 per 1 song stream. Starting in early 2024, tracks must have reached at least 1,000 streams in the previous 12 months in order to generate recorded royalties.