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After announcing increased prices, Spotify to Pay Songwriters About $150 Million Less Next Year
(www.billboard.com)
this post was submitted on 09 May 2024
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I mean, Spotify is a great service for the consumer. One reasonable monthly fee for most of the music in the world.
If a similar video streaming service existed for 40€/month, I'd pay for it in a heartbeat. Now I have a plethora of arr apps and a vpn, and Plex. But it's a hassle sometimes.
We're all aware of the issues it created for the artists, and I'd be willing to double the fee if that money directly went to the artists, but this is where the capitalist model fails, as that won't maximize the profits for shareholders.
If we ever come up with a way to fix the underlying greed models that come with publicly traded companies, that would be great.
As it stands, it is what it is, but I'm glad we have this, instead of a "different Spotify per music publisher".
In 2023, Taylor Swift got $100 million from Spotify. How much should she get?
Not sure what the relevance of this comment was, considering what I said