Spotify Has a New System for Paying Streaming Royalties

Spotify has revealed its new policy on paying artists for their streams. Sharing the news, Spotify said that its payouts to the music industry measure "over $40 billion USD and counting" to date.In the report, the company expectedly affirmed that it would no longer be compensating artists for songs that had fewer than 1,000 streams. For context, 1,000 streams generate just about 3 cents per month.The streamer says it believes "the policy will eliminate one strategy used to attempt to game the sy...