Technology

59374 readers

3125 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

1482

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

submitted 6 months ago by [email protected] to c/[email protected]

380 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 6 months ago (1 children)

😂😂😂

In seriousness, what is the payment to artists like nowadays on TIDAL? Dare I even ask?

[–] [email protected] 14 points 6 months ago* (last edited 6 months ago) (2 children)

As far as I know, it's $0.025 per stream. Spotify's rate is $0.003. Pretty substantial difference. TIDAL has the highest rate in the streaming industry.

EDIT: If you really want to support artists, go to Qobuz and buy albums. I'm planning to get a Sublime subscription so I can own my music and support artists even more (while not missing out on freedom to play what I want on demand).

Also, fixed the decimals and changed TIDAL to a more accurate average.

[–] [email protected] 9 points 6 months ago (1 children)

I think that you are off by about an order of magnitude. Spotify pays $0.003 per stream, and title apparently pays $0.01 -0.05.

[–] [email protected] 7 points 6 months ago

I think this is correct. In cents, this is 0.3¢ and 1-5¢ respectively. Zeroes are too hard for my mushy brain..

[–] [email protected] 2 points 6 months ago

that's a lot more evin more than deezer at 0.0064$