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.
Just cancelled, have been a customer since 2015 or so.
I’ve said many times I would gladly pay more, if it were an elective extra cost that goes 100% to the artists you listen to.
So $11/mo to Spotify, then I could elect to pay another amount of my choosing that gets split up based on what I’m listening to and goes 100% to the artists. I don’t love it but it would be an acceptable solution to me.
A better solution would be for Spotify to be fair and pay artists accordingly from the start… buttttt Capitalism, and Spotify is publicly traded so no chance of that ever happening. I’m out.
Tidal is your friend
(Note I’m not super familiar with Tidal)
I had a look earlier in the year and I believe Napster pay very decent artist royalties and offer a Spotify migration service. I will be moving to them after this.