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After announcing increased prices, Spotify to Pay Songwriters About $150 Million Less Next Year (www.billboard.com)

submitted 7 months ago by fpslem@lemmy.world to c/technology@lemmy.world

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When Bloomberg reported that Spotify would be upping the cost of its premium subscription from $9.99 to $10.99, and including 15 hours of audiobooks per month in the U.S., the change sounded like a win for songwriters and publishers. Higher subscription prices typically equate to a bump in U.S. mechanical royalties — but not this time.

By adding audiobooks into Spotify’s premium tier, the streaming service now claims it qualifies to pay a discounted “bundle” rate to songwriters for premium streams, given Spotify now has to pay licensing for both books and music from the same price tag — which will only be a dollar higher than when music was the only premium offering. Additionally, Spotify will reclassify its duo and family subscription plans as bundles as well.

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[–] SmackemWittadic@lemmy.world 5 points 7 months ago (1 children)

I say this a lot to people on Lemmy, but everyone here (including you) is honestly so much nicer and more emotionally intelligent than people on other places on the internet

[–] supersquirrel@sopuli.xyz 3 points 7 months ago

Many of us here might even be toxic in other contexts (I am certainly not perfect at keeping away from being overly negative or argumentative with people), but what matters is which version of someone we invite in the door to our community.

We can invite in any version of people we want, and I agree in general I think the fediverse invites in the better version of people and it is one of the primary reasons I love this weird, loosely connected blob of non-corporate social media.