Boss Daniel Ek said the lucrative side hustle wasn't possible as it was "not how our royalty system works."
Spotify is battling a wave of fake music being uploaded to the platform, much of it generated by AI.
before adding: "But seriously, that's not quite how our royalty system works."
Separately, a Swedish newspaper last week reported that gangs were using fake Spotify streams to launder money.
The rappers would then collect royalty payments for their songs from Spotify, effectively laundering the money.
Persons:
Morgan, Boss Daniel Ek, Daniel Ek, that's, Drake
Organizations:
Spotify, Service, JPMorgan, Financial, Columbia House, Universal Music, Swedish, Svenska Dagbladet
Locations:
Wall, Silicon, Swedish, Svenska