this post was submitted on 09 May 2024
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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]
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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] 194 points 6 months ago (49 children)

Gotta love all my friends who are really into music who happily use Spotify and don’t give a shit it is a weapon of class warfare being used on musicians disguised as a music player!

I basically lost all my drive to make something of my love of creating music seeing how little anyone in my society actually values music or musicians in terms of material support and reward, it is honestly pretty scary how broken music has become.

[–] [email protected] 35 points 6 months ago (3 children)

Soon we'll have AI music generators and most people will be perfectly happy to only ever listen to what those churn out.

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