On the latter front, data suggests that Spotify’s per-stream royalty rate has fallen despite the clear-cut uptick in both revenue and subscribers ushered in by the last half decade.įurthermore, the company’s revenue dipped slightly between Q4 2020 and Q1 2021, and higher-ups confirmed during a “Stream On” livestream event earlier this year that some 60,000 new tracks make their way onto the service daily. Moving forward, it’ll be interesting to monitor the trends’ impact upon Spotify’s business model and, more significantly, the streaming-service paychecks that artists receive.
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