How does Spotify's licensing service work with Playstation?

The company pays roughly 70 percent of its revenue for royalties to artists and
companies that hold the rights to the music. Spotify pays artists and labels per
streamed track, with the Spotify artists page explaining that there is an average
an average per stream payout to rights holders of between $0.006 and
$0.0084. Artists have questioned the value that Spotify returns with some major
global artists such as Taylor Swift and AC/DC withdrawing some, or all of their
music from the platform.

However, for many others it provides a way to reach new audiences through
recommendations and playlists and gain royalties from listeners who they would
previously have not received any revenue from. Spotify makes the case that is
aims to regenerate lost value by converting music fans from these poorly
monetized formats (e.g. illegal download services) to the paid streaming format,
which produces far more value per listener.