In November 2021, Spotify CEO Daniel Ek invested €100 million in Helsing, a company that uses AI to support militaries. [1] Spotify CFO Christian Luiga was the former CFO of Saab, a company that has also invested in Helsing and supplies arms to the IDF. [2] Spotify has an internal program called Perfect Fit Content, through which employees replace music from real artists on their curated playlists with low-budget slop from anonymous musicians to reduce royalty payouts. Swedish newspaper Dagens Nyheter revealed that ~20 songwriters were behind the work of more than 500 "artists", and that thousands of their tracks on Spotify had been streamed millions of times. [3] Spotify has also encouraged artists to enroll their tracks in Discovery Mode, a pay-to-play program wherein musicians and labels receive fewer royalties in exchange for "algorithmic promotion." [4] In 2024, Spotify stopped paying royalties for tracks under 1,000 yearly streams. [5] A better world is possible. Somewhere beyond the horizon, it must be.
i cancelled my spotify subscription and updated my artist bio 🥰
FUCK SPOTIFY