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

submitted 6 months ago by fpslem@lemmy.world to c/technology@lemmy.world

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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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[–] TheFeatureCreature@lemmy.world 15 points 6 months ago (1 children)

You are not wrong, but there are other services that are just as convenient and for less money. Spotify knows they are the "default" music streaming platform and they are exploiting that.

[–] uberdroog@lemmy.world 5 points 6 months ago (1 children)

A quick Google puts the top two at Apple and Amazon. So that is a big no for me boss. I am pretty sure the next ones listed are just torrent front ends. I have a life now so no time for that...spotify it is.

[–] andyburke@fedia.io 5 points 6 months ago (1 children)

I use Tidal. It may not be much better than Spotify, but it's better than Spotify.

[–] BakerBagel@midwest.social 7 points 6 months ago

Audio quality is better and they pay the artists the most of all the major streaing platforms. I've been using Tidal for 2 years and have been very happy with the switch