this post was submitted on 24 Jul 2023
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No, i think hard working artists like me put them there, and pay for the ability to do so. I'm not saying people that work at Spotify don't deserve a paycheck, i'm saying the artists need a larger one.
Artists do definitely get shafted when it comes to royalties. But let's not pretend they don't need to raise prices at this point. The last one was in 2011, which means that they were probably burning investors' money to be able to afford that.
The period of cheap money is over. So a $1 increase is not that bad. Still agree that more of that should be passed down to artists.