this post was submitted on 09 May 2024
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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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[–] Emerald@lemmy.world 2 points 7 months ago (15 children)
[–] red@sopuli.xyz 7 points 7 months ago* (last edited 7 months ago) (10 children)

Spotify isn't the only service currently.

Like I said in my op: it's good service for the consumer. It might not be if enshittification ensues.

But compared to video streaming, it's awesome.

The issue isn't the service model, but the capitalistic shit behind it, that attempts to maximize profits instead of paying artists fairly.

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