Anything but fair compensation.
“Spotify already pays nearly 70% of every dollar it generates from music to the record labels and publishers that own the rights for music, and represent and pay artists and songwriters," it continues.
The problem isn’t the streaming platforms (unless you want to pay more for your streaming service), but the record labels. Spotify never made profit.
Music used to be more valuable because it was more scarce and more difficult to deliver. Now anybody can make a song and put it on the internet. The value has gone down and artists/labels need to recognize that or people aren’t gonna pay them at all.
The amazing thing about legislations like this is when eventually the lawmakers backtrack, they lay out red carpet to bring back business, making the situation even worse for the people.
All that matters is what it looks like on paper. The paper they segment and define themselves.
Removed by mod
