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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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[-] can@sh.itjust.works 20 points 6 months ago

the largest music licensing platform in the world

Doesn't sound too good to me. Bandcamp used to be where I could get music from smaller artists who couldn't afford clearing samples (as they weren't making money) and I worry a lot of that will be lost.

[-] deranger@sh.itjust.works 12 points 6 months ago

Still is, for now. I run a small vaporwave tape label via Bandcamp. No significant changes under Epic Games or Songtradr that I’ve noticed. That could change, though.

[-] supersquirrel@sopuli.xyz 7 points 6 months ago* (last edited 6 months ago)

It will change, I promise you. I am so confident I will literally bet my girlfriend's chihuahua on it.

wikipedia chihuahua

better hope lefties and artists get their shit together you tiny little monster

[-] can@sh.itjust.works 9 points 6 months ago

Everyone on Lemmy and the fediverse as a whole should be aware of this pattern. I just hope something can fill in before it gets too bad.

I'm keeping an eye on Faircamp.

[-] can@sh.itjust.works 4 points 6 months ago

That's how it always begins.

But on a more positive note, care to share the label or more about your experience about it? With regards to Bandcamp and more generally.

[-] deranger@sh.itjust.works 7 points 6 months ago

Sure, https://mysticspools.bandcamp.com/

Most of it is pretty fun- find music, reach out to artist, make a few tapes. We just do small runs of 25-100 tapes depending on how much will sell. The worst part IMO is order fulfillment, you either pay a third party a boatload or you DIY and packing 100 cassettes is a bit of a drag. Coming up with good art if the artist doesn’t already have something is quite difficult. The label is on a short hiatus for that reason, but I think we’ll do some more tapes now that some labels have dried up. There’s waxing and waning periods when it comes to these little micro labels, and I can tell people are feeling the economic squeeze.

The most fun part is mastering to tape and dubbing. I’ve got a Nakamichi Dragon and 3x NAD 6300, and I’ve dubbed probably 500-600 tapes across them all. Dunno what it is about tapes, but I really like em.

this post was submitted on 09 May 2024

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