Spotify to Pay Songwriters About $150 Million Less Next Year With Premium, Duo, Family Plan Changes
www.billboard.com
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.

  • fpslem@lemmy.worldOPEnglish
    0·
    8 months ago

    I really wish there was a better alternative to push my friends to. I do use Bandcamp, so at least I know more of my $$$ are going to the artists and I can take the music with me, but I’m not sure about the platform long-term.

    • supersquirrel@sopuli.xyzEnglish
      0·
      8 months ago

      As a musician and composer it really took the life out of my identity as a composer seeing an alternative to bandcamp never really form and then one day waking up to it bought by Epic.

      I didn’t cry that day, but I might as well have, it made me extraordinarily sad to see that headline and I imagine there are actually countless talented musicians out there who will never actuate on their creative vision because the environment for music production is at this point, downright hostile towards artists and musicians considering the amount of work music production is.

      It takes an obscene amount of work to take a song from something that has promise to being as polished as listeners demand nowadays, and listeners won’t even give your song a chance on actual speakers. You have to twist and warp your music so it sounds good on essentially monophonic phone speakers with shitty frequency coverage or otherwise nobody will give it a try on speakers for actually listening to music. Doesn’t matter though, nobody is going to actually support you for the art you make.

      🙃

      It seems like https://resonate.coop/ is still around tho which seems like a cool idea (a coop owned streaming service where listeners can stream-to-own a song).