Spotify denies 30-second song royalty hack
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Spotify (SPOT) is rejecting a report that claims that artists can get rich from royalties by posting a 30-second song and replaying the song for 24 hours. Spotify CEO Daniel Ek denied the report, writing on X “that’s not quite how our royalty system works.” Yahoo Finance Senior Reporter Alexandra Canal discusses Spotify’s royalty structure and the challenges AI poses for the entertainment industry. #Spotify #youtube #music Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to […]