😱 87% of the global catalog will not receive royalties from Spotify

According to Spotify's new rules, tracks that have not reached 1,000 streams in a year will not receive payments.

Recently, the Luminate Agency published the annual report. Who impressed our team. According to the report, 202 million tracks are currently on digital platforms.

In 2024, the music catalog increased by 18 million tracks. Music is losing value as an average of 99,000 tracks are released every day. Streaming platforms have become like social networks, and it is becoming increasingly difficult for musicians to make money from music.

According to the data from the report:

93.2 million tracks received from 0 to 10 listenings
47.7 million. tracks received from 11 to 100 listeners
34.6 million. The tracks received from 101 to 1000 listens.

This year, the Playmuse team will focus on tokenizing music label catalogs. This will usher in an era of new gifts and collectibles. As 175.5 million tracks (87% of the global catalog) will not receive royalties from Spotify

Stay tuned, there will be a new roadmap coming soon! 101 to 1000 times.

This year, the Playmuse team will focus on labeling music label catalogs. This will mark the beginning of an era of new gifts and collectibles. As 175.5 million tracks (87% of the global catalog) will not receive royalties from Spotify

Stay tuned, a new roadmap is coming soon!