And now the guy who started Napster is on the board of Spotify who just decided they weren’t going to pay small time artists for their music anymore. Go figure.
Spotify and the rights holders come together and agree on the right price. Unfortunately, since long before Spotify ever existed, it's usually the record labels who owns the rights to the music and the actual creators still get shafted.
Except in this case, 10s of thousands of rights holders are just getting nothing as of the start of 2024 and I can tell you, Spotify certainly did not “come together” with any of us.
Didn’t they basically say they’re no longer going to bother paying for songs earning under $3 USD per year.
It seems like the only people that will be impacted are the abusive auto-generated spammer accounts with thousands of garbage tracks uploaded garnering 1200 streams a year by people accidentally playing them via Google Home misinterpretations etc.
1000 streams per year for each song. That’s not just that auto-generated junk. That’s a majority of ALL music on Spotify.
So yes an individual song might be $3 per year but that just shows how poor their royalties are to begin with. And tries to obscure the fact that artists don’t just release one song ever.
There’s thousands of artists who maybe even were somewhat successful at some point in their career but would have a lot of songs in their back catalog that don’t get that many streams annually. Suddenly they’ve gone from not making enough per stream from Spotify, to just getting paid nothing at all.
