One of the largest music platforms in the world Spotify, is regularly on our agenda as it adds new features to its platform. Unfortunately, the platform, which also brings audiobooks to its platform, has come up with some unsatisfactory news lately. The platform’s subscription prices, which reportedly bring new payment plans, are also subject to change. will give a raise had arisen.
This increase decision, which covers five regions, is where the company is strongest. Even including the US Thinking that there will be no price increase in Türkiye sounds too optimistic. Current developments are sad for small artists. On the other hand, it could save Spotify huge amounts of money.
No money is made from songs with less than 1,000 streams.
Spotify
This decision, which came into effect in April, white noise and nature sounds It was raised against those who want to make easy money by uploading. Tens of millions of songs averaged between 1 and 1,000 streams, generating $0.03 per month over the past year, the company said.
According to Spotify, that’s a lot of distributors as low as 2 dollars It costs between $2 and $50. Bank transaction fees range from $1 to $20 per withdrawal. Small recordings like these are always harmful.
These small amounts at the end of the year 40 million dollars It is said that it can reach gigantic sizes. Our music giant Spotify will deposit this amount into the reserve it reserves for other songs with more than 1,000 streams. This way he will save money. Songs that reach 1,000 streams in 12 months can start making money again.
What is your opinion on this change?
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