Industry Jul 3, 2026

Spotify slashes streams of hit song after suspicious activity on prediction market Kalshi

Kalshi said in April that trading on the its music 'contracts' had already topped USD $400 million in 2026 Source

Originally published by Music Business Worldwide
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Spotify slashes streams of hit song after suspicious activity on prediction market Kalshi

Trading on Kalshi's music 'contracts' reportedly surpassed USD $400 million in 2026. This news follows Spotify's decision to reduce the streams of a hit song due to suspicious activity. Originally reported by Music Business Worldwide.