{"id":249059,"date":"2023-09-12T10:03:35","date_gmt":"2023-09-12T10:03:35","guid":{"rendered":"https:\/\/www.bnreport.com\/?p=249059"},"modified":"2023-09-12T10:03:35","modified_gmt":"2023-09-12T10:03:35","slug":"spotify-ceo-rejects-claims-of-royalty-exploitation","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/","title":{"rendered":"Spotify CEO Rejects Claims of Royalty Exploitation"},"content":{"rendered":"<p style=\"text-align: justify;\"><a href=\"https:\/\/www.bnreport.com\/en\/\"><strong>BNR<\/strong> <\/a>&#8211; The CEO of Spotify, Daniel Ek, has rejected allegations that users can exploit the platform to gain royalty.<\/p>\n<p style=\"text-align: justify;\">JP Morgan claimed that Spotify subscribers could potentially earn up to $1,200 per month by streaming their songs 24\/7.<\/p>\n<p style=\"text-align: justify;\">This claim raised concerns that Spotify\u2019s royalty payment structure could be exploited and manipulated.<\/p>\n<p style=\"text-align: justify;\">However, Daniel Ek swiftly responded, asserting that this is not how the platform\u2019s royalties operate.<\/p>\n<p style=\"text-align: justify;\">The theory initially circulated through reports in the Financial Times. Moreover, it was shared on Twitter by Julian Klymochko, the founder of Accelerate, a Canadian-based investment firm.<\/p>\n<p style=\"text-align: justify;\">In response, Ek humorously <a href=\"https:\/\/twitter.com\/eldsjal\/status\/1701117756978921982\">remarked<\/a>, \u201cIf that were true, my own playlist would just be \u2018Daniel\u2019s 30-second Jam\u2019 on repeat!\u201d<\/p>\n<p style=\"text-align: justify;\">He then clarified, \u201cBut seriously, that\u2019s not quite how our royalty system works.\u201d<\/p>\n<h1 style=\"text-align: left;\"><strong>Concerns Over Artificial and Fraudulent Streaming<\/strong><\/h1>\n<p style=\"text-align: justify;\">The issue of artificial streaming, where devices continuously play chosen tracks on a loop, has sparked concerns within the music industry.<\/p>\n<p style=\"text-align: justify;\">JP Morgan executives estimate that potentially 10% of all music streams may be fraudulent, as reported by the Financial Times.<\/p>\n<p style=\"text-align: justify;\">Recently, the Swedish Newspaper Svenska Dagbladet uncovered a disturbing trend where criminal organisations allegedly exploited Spotify\u2019s royalty system to launder money.<\/p>\n<p style=\"text-align: justify;\">Spotify\u2019s stance, as indicated on its website, outlines that it employs two tiers of royalties, with artists receiving monthly payments.<\/p>\n<p style=\"text-align: justify;\">However, the amount artists receive can vary significantly, depending on factors like how their music is streamed and the agreements they have in place with labels or distributors.<\/p>\n<h2 style=\"text-align: left;\"><strong>Plans for More Royalty Margins<\/strong><\/h2>\n<p style=\"text-align: justify;\">Universal Music Group and Deezer have recently unveiled plans to collaborate on a music streaming model to generate larger royalties.<\/p>\n<p style=\"text-align: justify;\">This model rewards artists more substantially when users actively choose to listen to their music.<\/p>\n<p style=\"text-align: justify;\">Such developments could potentially necessitate adjustments in the royalty structures of Spotify and other streaming platforms like Apple Music.<\/p>\n<p style=\"text-align: justify;\">As the debate surrounding music streaming royalties and potential manipulation intensifies, the music industry is grappling with the need for a fair and transparent compensation system that benefits both artists and listeners.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNR &#8211; The CEO of Spotify, Daniel Ek, has rejected allegations that users can exploit the platform to gain royalty. JP Morgan claimed that Spotify subscribers could potentially earn up to $1,200 per month by streaming their songs 24\/7. This claim raised concerns that Spotify\u2019s royalty payment structure could be exploited and manipulated. However, Daniel [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":249060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[278,12547,12548,12546,391],"class_list":["post-249059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-featured","tag-laundering-money","tag-music-streaming","tag-royalty","tag-spotify"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Spotify CEO Rejects Claims of Royalty Exploitation - Business News Report<\/title>\n<meta name=\"description\" content=\"BNR - The CEO of Spotify, Daniel Ek, has rejected allegations that users can exploit the platform to gain royalty.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spotify CEO Rejects Claims of Royalty Exploitation - Business News Report\" \/>\n<meta property=\"og:description\" content=\"BNR - The CEO of Spotify, Daniel Ek, has rejected allegations that users can exploit the platform to gain royalty.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-12T10:03:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2023\/09\/royalty.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/spotify-ceo-rejects-claims-of-royalty-exploitation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/spotify-ceo-rejects-claims-of-royalty-exploitation\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Spotify CEO Rejects Claims of Royalty Exploitation\",\"datePublished\":\"2023-09-12T10:03:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/spotify-ceo-rejects-claims-of-royalty-exploitation\\\/\"},\"wordCount\":345,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/spotify-ceo-rejects-claims-of-royalty-exploitation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/royalty.jpg\",\"keywords\":[\"Featured\",\"laundering money\",\"music streaming\",\"royalty\",\"Spotify\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/spotify-ceo-rejects-claims-of-royalty-exploitation\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/spotify-ceo-rejects-claims-of-royalty-exploitation\\\/\",\"name\":\"Spotify CEO Rejects Claims of Royalty Exploitation - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/spotify-ceo-rejects-claims-of-royalty-exploitation\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/spotify-ceo-rejects-claims-of-royalty-exploitation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/royalty.jpg\",\"datePublished\":\"2023-09-12T10:03:35+00:00\",\"description\":\"BNR - The CEO of Spotify, Daniel Ek, has rejected allegations that users can exploit the platform to gain royalty.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/spotify-ceo-rejects-claims-of-royalty-exploitation\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/spotify-ceo-rejects-claims-of-royalty-exploitation\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/spotify-ceo-rejects-claims-of-royalty-exploitation\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/royalty.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/royalty.jpg\",\"width\":1000,\"height\":600,\"caption\":\"royalty\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/spotify-ceo-rejects-claims-of-royalty-exploitation\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Spotify CEO Rejects Claims of Royalty Exploitation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics &amp; Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Spotify CEO Rejects Claims of Royalty Exploitation - Business News Report","description":"BNR - The CEO of Spotify, Daniel Ek, has rejected allegations that users can exploit the platform to gain royalty.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/","og_locale":"en_US","og_type":"article","og_title":"Spotify CEO Rejects Claims of Royalty Exploitation - Business News Report","og_description":"BNR - The CEO of Spotify, Daniel Ek, has rejected allegations that users can exploit the platform to gain royalty.","og_url":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2023-09-12T10:03:35+00:00","og_image":[{"width":1000,"height":600,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2023\/09\/royalty.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Spotify CEO Rejects Claims of Royalty Exploitation","datePublished":"2023-09-12T10:03:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/"},"wordCount":345,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2023\/09\/royalty.jpg","keywords":["Featured","laundering money","music streaming","royalty","Spotify"],"articleSection":["Business"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/","url":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/","name":"Spotify CEO Rejects Claims of Royalty Exploitation - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2023\/09\/royalty.jpg","datePublished":"2023-09-12T10:03:35+00:00","description":"BNR - The CEO of Spotify, Daniel Ek, has rejected allegations that users can exploit the platform to gain royalty.","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2023\/09\/royalty.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2023\/09\/royalty.jpg","width":1000,"height":600,"caption":"royalty"},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/spotify-ceo-rejects-claims-of-royalty-exploitation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Spotify CEO Rejects Claims of Royalty Exploitation"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics &amp; Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/249059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=249059"}],"version-history":[{"count":1,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/249059\/revisions"}],"predecessor-version":[{"id":249062,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/249059\/revisions\/249062"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/249060"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=249059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=249059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=249059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}