Spotify Archives - Gajah.Uk

Spotify to Lay Off One-Sixth of Its Workforce

December 4, 2023 by gajah.uk

Spotify will lay off about 1,500 staff, or one-sixth of its workforce, to downsize after a interval of aggressive spending on podcasts and audiobooks, the corporate introduced this morning (December 4). The newest spherical of cuts is the third of the 12 months, as the corporate fails to curb a sample of monetary losses amounting … [Read more…]

Spotify Formally Broadcasts New Coverage for Royalty Payouts, “Synthetic” Streams, and “Purposeful Noise”

November 27, 2023 by gajah.uk

Spotify has formally introduced its new coverage on royalty funds, confirming earlier stories that the platform can be eliminating funds for songs with lower than 1,000 annual streams “beginning in early 2024.” The announcement additionally consists of new insurance policies supposed to curb fraudulent streams and cut back payouts for “practical noise” content material. Spotify … [Read more…]