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Spotify gives 70% to rightsholders, yes?
by wilg 3y ago
Spotify gives 70% to rightsholders, yes?
- rakoo 3y agoRightsholders yes, not artists. But that's not an issue Spotify is out to tackle
- GeekyBear 3y agoFor a bit of perspective, look at how much the various streaming services pay to artists per stream: Tidal 1.3 cents Apple Music 1 cent Youtube .8 cents Amazon .4 cents Spotify .33 cents https://cloudcovermusic.com/blog/how-much-artists-make-streaming-services https://cloudcovermusic.com/blog/how-much-artists-make-strea...
- wilg 3y agoTrue, but percentage terms would also be interesting. If they all pay around 60-70% of their revenue to rights-holders, which seems like the case, the question of which of these services pays best or is most ethical or whatever becomes more nuanced.
- GeekyBear 3y agoArtists seem to agree that Spotify's rates are particularly bad. > Spotify faced the music on Monday (March 15) as creators around the globe gathered to protest the streaming giant’s royalties model. On Monday, the U.S.-based Union of Musicians and Allied Workers took a more hands-on approach when it led a worldwide demonstration on the doorsteps of Spotify offices. https://www.billboard.com/pro/international-creators-gather-for-justice-at-spotify-protests/ https://www.billboard.com/pro/international-creators-gather-...
- wilg 3y agoWell sure, but they could be wrong.
- GeekyBear 3y agoWouldn't the artists have first hand information on how much money they get paid from each service? The artist's union could get access to that information from their members, so would have a lot more data than most. Notice that they didn't hold global protests at Tidal's offices.
- wilg 3y agoWhat if it's a situation where all the music streaming services pay 70% and Spotify has the most streams and therefore the highest total dollar amount, but the lowest per-stream payment. It would be highly arguable whether Spotify is being greedy in that case. This might be what's happening!
- GeekyBear 3y agoI don't think the difference between the total amount paid by each music streaming service and the amount paid per stream by the various music services is too complex a topic for a musician's union to understand. The statements released to artists with their royalty amount includes the number of streams played of each of their works on the service.
- wilg 3y agoI am aware of that, but the metric I have been talking about this the entire time is neither of those.
- occz 3y agoPer-stream count lacks relevance on the count of the model of paying X% of revenues to the rights holders.
- deleted 3y ago[deleted]