Spotify denies 30-second song royalty hack

Spotify (SPOT) is rejecting a report that claims that artists can get rich from royalties by posting a 30-second song and replaying the song for 24 hours. Spotify CEO Daniel Ek denied the report, writing on X "that's not quite how our royalty system works." Yahoo Finance Senior Reporter Alexandra Canal discusses Spotify's royalty structure and the challenges AI poses for the entertainment industry.