Spotify's royalty payments increased by $2 billion in 2021, up from $5 billion in 2020. Spotify noted that it does not pay artists per stream, instead paying them based on share of overall streams on the platform, and doesn't believe rate per stream is "is a meaningful number to analyze." The streaming service said there are a number of factors that play into why it's rate per stream ratio seems low, including a high number of streams per listener and its ad-supported subscription free offering. The company believes "artists care more about a larger paycheck than a higher per-stream rate."
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Spotify's royalty payments increased by $2 billion in 2021, up from $5 billion in 2020. Spotify noted that it does not pay artists per stream, instead paying them based on share of overall streams on the platform, and doesn't believe rate per stream is "is a meaningful number to analyze." The streaming service said there are a number of factors that play into why it's rate per stream ratio seems low, including a high number of streams per listener and its ad-supported subscription free offering. The company believes "artists care more about a larger paycheck than a higher per-stream rate."
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Unfortunately, the country suffers from high unemployment, poverty, rising crime rates, and corruption. Updates to Zimbabwean gambling laws about betting sites in Zimbabwe are expected to come into effect soon and it is widely believed that the new legislation will officially legalize online gambling in Zimbabwe.
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