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It depends on the amount here, which I'm still not actually sure of. Lots of companies today only pay you out once you reach $X, usually some nominal amount.
by silisili 3y ago
It depends on the amount here, which I'm still not actually sure of.
Lots of companies today only pay you out once you reach $X, usually some nominal amount. It sounds like that could be the case here.
Why deal with payment processors, billing disputes, etc for a customer only earning pennies?
- basisword 3y ago>> Why deal with payment processors, billing disputes, etc for a customer only earning pennies? Spotify doesn’t have to deal with these things. Artists work with distributors who then deal with Spotify on their behalf. The distributor pays the artist. For me the issue here is they’ve changed the deal to the detriment of the littlest of the little guys. A company that just signed a non-exclusive $250m deal for Joe Rogans podcast, can’t afford to pay $10 a year to a whole bunch of independent artists. That’s outrageous. For me it’s the ethics of it rather than the amount.
- whstl 3y ago> Lots of companies today only pay you out once you reach $X, usually some nominal amount. It sounds like that could be the case here. This seems to already be the case, in practice. Spotify claims that there's about 40 million in unpaid royalties for people who can't withdrawal yet. https://artists.spotify.com/en/blog/modernizing-our-royalty-system https://artists.spotify.com/en/blog/modernizing-our-royalty-...