this post was submitted on 17 Nov 2023
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I remember people giving Spotify shit for increasing their monthly price from 10 to 11. It was the first price hike in over a decade. That doesn’t seem devastating or bad or wrong.
Compare it to something like Disney plus and how drastically they increased the price since service introduction
I'm OK with the increase in price if I knew that extra money was actually going to the artists. But how do we know?
That's easy to know, actually. Spotify pays 70% of revenue to rights holders, and keeps 30%. Hence an increase of $1 will mean $0.30 for Spotify, and $0.70 to rights holders.
https://labelgrid.com/blog/royalties/spotify-pay-per-stream/
Rights holders ≠ artists
This is true, yes, but the same applies for all streaming services.
It's kind of funny how the labels have basically dodged any blame in the public eye, in favour of having Spotify be considered the enemy of artists in this case.