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After announcing increased prices, Spotify to Pay Songwriters About $150 Million Less Next Year (www.billboard.com)

submitted 3 months ago by [email protected] to c/[email protected]

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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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[–] [email protected] 80 points 3 months ago (33 children)

weekly PSA that spotify is a dumb company who makes no money because they're stupid.

To put it bluntly, between the artists, and the musicians, there is the publisher (the traditional music company) the money pretty much only goes to the publisher, because spotify doesn't want to make money, nor do they want artists to make money. And the artists put their shit on spotify because people believe that spending 15 dollars a month on a service that doesnt pay artists, apparently pays artists.

Go support your local musical artists.

[–] [email protected] 29 points 3 months ago* (last edited 3 months ago) (1 children)

To add to this, buy their merch and physical copies of their albums. Also, go to shows! Lots of small bands would love a bigger crowd and can be seen for cheap or free.

[–] [email protected] 2 points 3 months ago

exactly this, buy merch, buy albums, give them your money directly if you can. (artists, please just let me give you money, i like your shit, maybe i don't want to buy shit tons of plastic ok?)

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