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Spotify, a music streaming company, has attracted significant criticism since its 2008 launch, [1] mainly over artist compensation. Unlike physical sales or downloads, which pay artists a fixed price per song or album sold, Spotify pays royalties based on the artist's "market share"—the number of streams for their songs as a proportion of total songs streamed on the service.
South Korean boy band BTS is the most-streamed group in Spotify's history. [1] The following list contains the most-streamed artists on the audio streaming platform Spotify. As of February 2024, American singer-songwriter Taylor Swift is the most-streamed artist, [2] and Canadian rapper Drake is the most-streamed male artist in Spotify's history.
Spotify allows users to add local audio files for music not in its catalog into the user's library through Spotify's desktop application, and then allows users to synchronize those music files to Spotify's mobile apps or other computers over the same Wi-Fi network as the primary computer by creating a Spotify playlist, and adding those local ...
Spotify's most streamed song for the longest period of time was "Shape of You" (2017) by the English singer-songwriter Ed Sheeran. Currently, 884 songs have surpassed one billion streams on Spotify, [1] 138 have surpassed two billion, 18 have surpassed three billion, and two have surpassed four billion Spotify streams.
While this service started with a prepayment system, it's now available with direct PayPal payments and no longer requires a minimum. The artists can sell their songs either as single songs or as MP3 albums. The price can be set by the artist. The artist keeps 85% for a sale through the site (90% for VIP accounts) and is paid weekly via PayPal.
Some critique that this system makes it so artists get paid as low as one-tenth of a cent per steam, while streaming services like Spotify tripled in value with no increase in payouts to artists. [7] This is one of the main limitations that comes with music streaming services. [8] [9]
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The Playlist [1] is a docu-drama miniseries created for Netflix.It was inspired by the book Spotify Untold written by Sven Carlsson and Jonas Leijonhufvud. Directed by Per-Olav Sørensen, the series tells a "fictionalized" story of the birth of the Swedish music streaming company Spotify, along with its early challenges.