Seasons of Jason
Major labels get more profit, smaller indie labels and unsigned artists get less.
"A new threshold of minimum annual streams that a track must meet before it starts to generate royalties. The threshold, according to MBW, will de-monetize tracks that had previously received 0.5% of Spotify’s royalty pool."
https://www.billboard.com/pro/spotify-changing-how-pays-artists-stream-thresholds/
fluffy 💜
Artists: hey Spotify the way you pay artists is unfair and imbalanced, you should fix it
Spotify: you’re right, we *do* pay too much to smaller bands
fluffy 💜
@killyourfm oh great, so instead of making $20/year (optimistically) I will now make $0/year. Why should I even bother?
Seasons of Jason
Enough.
lashman
@killyourfm you're finally free, congrats! :BlobhajBlanketBlue:
Seasons of Jason
@lashman Thanks! I’m considering not adding my future releases to Spotify either. Not that my little act of rebellion will make a difference, but it’s the principle of the thing.
Seasons of Jason
@cinn48 All of that is disgusting -- except for your email.
Candice Lepage
@killyourfm I hear you. We all reach our breaking point with Spotify at some point.
Mine was a few years ago when they started putting free to access podcasts on their platform and adding their own ads for the non paying users....
While at the same time the CEO's salary was astronomical and he was quoted as saying artists who wanted to make more money on Spotify needed to make more content.
I wrote them about it and then cancelled. I'm sure my email went nowhere, but I felt good.
Seasons of Jason
@scooter Did you switch to something different? I'm rocking Tidal + PlexAmp and it's a dream.
scooter
@killyourfm that was me last year.
Seasons of Jason
@scooter Ahh, a person of excellent taste!
scooter
@killyourfm that’s exactly what I’m using right now too. Plexamp integrates pretty well with Tidal and my local collection.
Juho Mäntysalo
This has more to do with the fact that major labels own most of Spotify, so shafting independent labels/artists allows gaining monies from those who didn't sell their business/music to labels directly.
It's a bit unfair to blame Spotify-the-company, which has historically (and probably still) doing actually quite badly, as it's just a pipe from consumers to labels, without enjoying from a strong position like Apple with Itunes.
Seasons of Jason
@iju @fluffy It's worth mentioning here that Spotify is not remotely in Apple's shadow.
As of Q2 2022, Spotify owned at least 30% of the overall digital music streaming market, while Apple only has about 14%.
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