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Traxx.space shutting down due to financial burden of new Spotify policies

4 pointsby mortenjorckabout 1 year ago

1 comment

_a9about 1 year ago
&gt; Part of it is the change Spotify made to not paying for streams under 1,000 plays. When we first got our January sales report, it was down nearly 70%. Yes, seven-zero %. And February’s figures confirmed it wasn’t a fluke.<p>&gt; The other part is also based on Spotify. The new fining system is beyond outrageous. We are getting fined for users who had 9 out 10 fake streams according to Spotify. They don’t give us any more details than song, number of total plays and number of fake plays. If that ratio exceeds 90%, they issue a 10 euro fine each month.<p>&gt; For us and our catalog of over 40k songs ... The THOUSANDS OF DOLLARS in fines each month was the final nail in the coffin though