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Spotify raises premium subscription price for millions
(www.bbc.co.uk)
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this post was submitted on 24 Jul 2023
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To be fair, the Family Premium rate went up by $1/mo. Certainly worth it imho.
But do they really need that extra dollar? They already pay less than a percent to artists. So why?
they report to pay ~70%
https://loudandclear.byspotify.com/#box-2
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.