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.

  • zelifcam@lemmy.worldEnglish
    7·
    7 months ago

    The nice thing about Tidal is the attention to detail about the music or album you’re listening to. You get writers, producers and recording musicians for all the tracks. Sometimes additional Artwork.

    Apple had the right idea all those years ago when they were selling those enhanced digital albums. Almost felt like purchasing a vinyl or cd and getting all the goodies that come with it. INCLUDING properly crediting the artists. Not sure they do that very well anymore.