Spotify will end service in Uruguay due to bill requiring fair pay for artists:: The Uruguayan Parliament approved an amendment to the country’s copyright law last month
Spotify will end service in Uruguay due to bill requiring fair pay for artists:: The Uruguayan Parliament approved an amendment to the country’s copyright law last month
So basically unaffordable for the people in that country?
No, it’s as indicated, that is, to have artists paid fairly for their creative talents. Trickle down economics exemplified. It is akin to you working your job through an agency but the agency paying you far less than minimal wage. Like a lottery, only a few will make real money.
But according to the article 70% of the money they make from music is already going to record labels and publishers, so what exactly is Spotify supposed to do here to give more money to the artists?
iirc spotify has some weird revenue sharing thing where that 70% is split between all artists in a very non-linear way. You don’t get money based on how many of your songs get sold you get a slice of the total pie based on some weird formula. The result is that top artists get paid for more than their own songs sales and everyone elses gets less than their own songs sales to provide that extra cut to the top performers.
That’s not just Spotify though. Everyone uses a similar algorithm. Deezer and Tidal have talked about implementing user-centric payments but have not done so.
IIRC Tidal gives 10% of the subscription to the most listened-to artist. Not a lot exactly, but still miles ahead of Spotify who gives functionally zero.
That was part of their “direct artist payouts” that they discontinued earlier this year.
Ah thanks for clarifying. What a bummer!
Yeah, it’s really unfortunate. Their argument was that it took too many resources to implement for the little it was giving to the artists. They replaced it with “Tidal Rising” but it really doesn’t fix the problem. When I look up the artists featured on RISING and I see that they have 1 million+ Spotify listeners while the average band I listen to is closer to 50k with some under 100 listeners I feel like they missed the mark.
I love Tidal + Plex as a solution for supplementing my music library so I’m not going to cancel it, but I try to buy an album per month from a band I listen to in addition to my subscription to tidal.
I think the law has more to do with indie artists not getting paid shit. People who want to self publish and cut out the middle man ( record labels )
“According to the article”…
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