Home ยป Chief Executive Officer of Spotify Denies Reports, Generates Songs on Spotify and Earns Revenue from the Platform Throughout the Day

Chief Executive Officer of Spotify Denies Reports, Generates Songs on Spotify and Earns Revenue from the Platform Throughout the Day

There is a story that suggests analysts have revealed a method to make money through Spotify by uploading original 30-second songs and playing them on repeat throughout the day and night. By doing this, artists can supposedly earn around $1,200 per month as a share of Spotify’s fees. This method takes advantage of a loophole in the payment system for artists.

However, Spotify’s CEO, Daniel Ek, has come out and denied the viability of this money-making method. He states that the platform’s payment system does not work in such a way, and there is no way for artists to earn money using this method.

On its website, Spotify explains its payment structure, stating that payments are made on a monthly basis and are based on direct agreements between artists and record labels or distributors. The amount paid is calculated based on the number of streams in a given month, although the specific rate is not explicitly mentioned.

TLDR: Analysts claim that artists can earn money on Spotify by uploading and playing a 30-second original song on repeat, but Spotify’s CEO denies its effectiveness, stating that the platform’s payment system does not work that way. Spotify’s payment structure is based on agreements between artists and labels, with payments calculated based on monthly streams.

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