Spotify is trying to protect his tariffs to pay the artist
It’s no secret that Spotify is not big Money Manufacturer for most artistsS But in their annual A strong and clear reportThe musical strime tries to change the story, repeating the more claim that he paid the artists $ 10 billion in 2024 ($ 60 million from his launch) and added that these payments have increased ten times over the last 10 years.
Spotify throws into a lot of other large numbers in the 2024 report. He claims that the 100,000th most vast artist has also observed a tenfold increase for a decade, receiving $ 6,000, with $ 600. Meanwhile, according to the reports, the 10,000th most streamed artist received $ 131,000, compared to $ 34,000. Plus reports that nearly $ 1,500 artists have generated over $ 1 million.
Despite these numbers, Spotify still does not have a very good will from artists. For starters, Report from the buyer of a music catalog of duets found that Spotify had paid $ 3 for 1000 streams in 2024, while the same figure gave artists $ 4.80 on YouTube, $ 6.20 per on Apple Music and $ 8.80 in Amazon Music. In a statement after the release of the Spotify report told Techcrunch“These allegations are ridiculous and unfounded,” they claim that the music platforms do not pay by flow.
In January, Billboard reported That four of the five performers nominated in Grammy for songwriter of the year have chosen to miss the Grammy Party on Spotify for the songwriter – all of all Grammy Parties of Spotify They were eventually canceled because of the wild fires in Los Angeles. Songs, including Jesse Joe Dylan and Amy Allen, both quoted Spotify’s decision last year to combine audio books and songs in subscription levels. The publication had early reported that New premium, duet and family levels It meant that the authors of the songs received a discount on a package, losing approximately $ 150 million in US mechanical remuneration in the first 12 months.
This article originally appeared on Engadget at https://www.engadget.com/enttraintmment/music/spotify-to-defend-its-artist-rates-120021659.html?src=rs
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