The Mudcat Café TM
Thread #161411   Message #4097343
Posted By: GUEST,protest folk magazine blog
12-Mar-21 - 02:02 PM
Thread Name: Is Spotify a good deal for musicians?
Subject: RE: Is Spotify a good deal for musicians?
info related to demands of Justice At Spotify's March 15, 2021 action: "...To pay the median American monthly rent ($1,078) an artist needs to generate 283,684 recurring streams monthly...We are asking Spotify to raise the average streaming royalty from $.0038 to a penny per stream...Major record labels own a huge percentage of Spotify’s catalog. With their leverage they are able to dictate the terms of their own streaming royalties and negotiate their own complex payment structures. It also gives them preferential treatment when it comes to editorial and algorithmic playlisting, something that all artists depend on. We are calling on Spotify to be more transparent with their finances, their platform, and their relationships with artists. Make all deals with major labels public, and to end practices that resemble payola. In addition, we urge Spotify to give due credit to all engineers, musicians and laborers on all recordings. https://www.unionofmusicians.org/justice-at-spotify