It’s all about Spotify today.

MONEY LAUNDERING

This time around Swedish criminal gangs are using Spotify launder money.

The scheme is interesting.

The drug money they have is converted to bitcoin.

Bitcoin is then used to pay “fake stream” entities to do exactly that, create fake streams on Spotify for an artist.

The artist in question is linked or involved with the gang.

By creating the fake streams, the artists would end up on top of the charts and as a byproduct, those fake streams would lead to real streams.

As the Guardian article explains:

Higher streams lead to higher payouts from Spotify. The newspaper said that in Sweden, amassing a million streams pays about 40,000 to 60,000 kronor (£2,800 to £4,300).

WHITE NOISE

Have you ever come across a Podcast that’s just white noise.

It’s definitely annoying and I don’t care what people say about it, it’s basically streaming spam.

The rule was if the podcast got over a 100 listens (it can be from the same user) they would qualify for ad supported payments.

Well now it’s 1000 unique listeners before they qualify. Hopefully they just filter out.

SONGS AND SPAM

In 2018, 20,000 songs would get uploaded to Spotify. In 2023, it’s at 120,000. A large majority of those uploads are via bots and they are basically the same as email spam

AI COVERS

AI-generated “covers” of popular songs using artists’ voices are still being released on Spotify.

Universal’s trying to partner with Google on a tool that lets fans create these songs without infringing copyright.

Universal has also partnered with Deezer to ensure that music created by breathing people gets a higher preference on the service than AI created music.

It’s a start, however AI is really making streaming economics even trickier.