World News

32379 readers

1026 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

200

Spotify raises premium subscription price for millions (www.bbc.co.uk)

submitted 1 year ago by [email protected] to c/[email protected]

68 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 9 points 1 year ago* (last edited 1 year ago) (1 children)

they report to pay ~70%

https://loudandclear.byspotify.com/#box-2

Nearly 70% of that revenue is paid back as royalties to rights holders

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

The right holders are mostly big record companies (who own spotify) that have songs that always make it into all the playlists. The Artists don't get much out of it. Other streaming services like deezer offer a model that is more fair for indipendant artists.