Spotify is changing the way it pays royalties to musicians. And some artists aren’t really happy about that. There is no protest for two of those changes.
For example, there is no objection to the measure that labels will have to cough up compensation if they are caught in blatant streaming fraud. And one cannot argue against the fact that Spotify only pays money for audio that is not music (think of static sounds or white noise) after two minutes of listening. This instead of after thirty seconds of listening time, as is the case for regular music.
What some people do have problems with is the measure that songs or tracks will only earn money if they have been played at least a thousand times in a period of twelve months. For novice artists, the chance of earning something becomes a lot smaller this way. A song that is streamed less than a thousand times barely generates 25 dollar cents or less per month. Conclusion: this new measure will also make little difference for artists.
It is also not the case that the streaming giant wants to earn more with this last measure; according to Spotify, the savings would amount to forty million dollars. An amount that is put into a pot to be distributed among artists who are listened to more. (HVG)
2023-11-26 06:07:00
#Spotify #outrage #rates