After announcing increased prices, Spotify to Pay Songwriters About $150 Million Less Next Year
After announcing increased prices, Spotify to Pay Songwriters About $150 Million Less Next Year
Spotify will potentially pay songwriters about $150 million less in U.S. mechanical royalties next year after bundling its plans with audiobooks.
When Bloomberg reported that Spotify would be upping the cost of its premium subscription from $9.99 to $10.99, and including 15 hours of audiobooks per month in the U.S., the change sounded like a win for songwriters and publishers. Higher subscription prices typically equate to a bump in U.S. mechanical royalties — but not this time.
By adding audiobooks into Spotify’s premium tier, the streaming service now claims it qualifies to pay a discounted “bundle” rate to songwriters for premium streams, given Spotify now has to pay licensing for both books and music from the same price tag — which will only be a dollar higher than when music was the only premium offering. Additionally, Spotify will reclassify its duo and family subscription plans as bundles as well.
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Capitalism!!! USA!! USA!! USA!! 🇺🇲🇺🇲🇺🇲🇺🇲 You poor fucks don't deserve music.
I think spotify is swedish. https://en.wikipedia.org/wiki/Spotify
Do you know how strong of a country you have to be to make another live to your standards?
I think capitalism has already prevailed before America is the dominant force in it.
We don't deserve music for other reasons too... like we don't care what the lyrics are even about as long as it "sounds good."
What are you talking about?
Thought of calling ya
But you won't pick up
Another fortnight lost in America
Move to Florida
Buy the car you want
But it won't start up
Til you touch, touch, touch meThose are lyrics written by an actual God.