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.

  • Blackmist@feddit.ukEnglish
    12·
    7 months ago

    I wish they had something between “top songs” and “completely random” when listening to a band.

    Like, sure, Sweet Child of Mine, Welcome to the Jungle, and Paradise City are great and all, but there’s only so often you can listen to them, and the only alternative is to be reminded that Chinese Democracy exists.

    • Sabin10@lemmy.worldEnglish
      71·
      7 months ago

      YouTube music has something like this. You choose a few artists you like then tune the randomness of what it plays. I have discovered more new artists Ina few months of using it than I have in the decade before that.