Spotify will now fine labels 10 euros ($10.85) per song if they accumulate over 90% of fake streams, a move to combat the artificial inflation of streaming numbers.
According to reports, the initiative is committed to offering fair compensation for artists and a trustworthy streaming environment, reinforcing transparency for creators and listeners.
Spotify’s move to fine labels for exceeding 90% of fraudulent streams signals a change in its strategy against stream manipulation. This measure will hold labels accountable and serve as a deterrent against fraudulent practices.
The streaming platform’s actions are in line with its mission to guarantee fair artist compensation and maintain the platform’s credibility as an accurate measure of an artist’s genuine reach and popularity.
Spotify’s 10 euros fine will send a strong message, emphasizing the platform’s resolve against gaming the system.