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Your "silly law" may be someone's else fair law. I love when companies just behave better when countries enact fair laws. Of course it may not be easy to defi
by marcodiego 3y ago
Your "silly law" may be someone's else fair law.
I love when companies just behave better when countries enact fair laws.
Of course it may not be easy to define what is a "fair law" but if it weren't for them, there wouldn't be workers rights or abuse prevention in many forms.
- Spivak 3y agoYes but in this case it's silly because Spotify licenses music from artists and record labels under specific contract terms. Making it illegal to execute that contract in country A while being bound by that contract in country B was never going to turn out well. For this law specifically it's a shitshow because they have their current math for the rest of the world which consumes 70% of their revenue and this law simply says yes and pay more. They can't rebalance the money to comply with the law because they would immediately get sued by record labels and so it would have to cut into the 30% which is just pure loss for them. When you write a law that guarantees you'll lose money in an entire country with no way out you're kinda backed into a wall. Small artists should get paid more but this change can't come like this because there's nothing for Spotify to actually do in response to the law.
- 93po 3y agoConceptually this doesn’t feel different than minimum wage laws to me. Companies pay local required wages across countries all the time. I can appreciate why they’d pull out of a small market that would be unprofitable for them. My hope is that more countries would follow bc artists are getting a very raw deal