Spotify overlooked a few details in its much-ballyhooed ‘royalty modernizing’ plan — including the illegal parts. What else is about to blow?
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Everything to Know About Spotify’s New Royalties Model: How Does It Work & Who Will It Impact?
Here's a full breakdown of the plan, based on Billboard's reporting, including streaming thresholds, fraud fees and minimum track lengths.
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Is Spotify Implementing a ‘Two-Tier’ Royalty System? Reports Suggest Quick-Approaching Q1 2024 Rollout
As Deezer and Universal Music Group (UMG) prepare to roll out their much-debated “artist-centric” model in France, Spotify is reportedly set to retool its own compensation model beginning in 2024’s first quarter.
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SPOTIFY IS CHANGING ITS ROYALTY MODEL TO CRUSH STREAMING FRAUD AND INTRODUCE A MINIMUM PAYMENT THRESHOLD. ITS PLAN? TO SHIFT $1 BILLION IN PAYOUTS TOWARDS ‘WORKING ARTISTS’ OVER THE NEXT 5 YEARS.
This is huge news – and it’s been a long time coming.
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Great News: Music Royalty Payments Are Actually In Better Shape Than You Think
When it comes to music royalties, there’s always been a clear delineation between royalty payouts for recordings versus payouts for the underlying musical composition. But beyond the top-level differences, there’s also another stunning difference that’s rarely highlighted. According to prominent royalty-focused exec Jeff Price, recording payouts are faring much better than composition payouts due to lower data ambiguity — with a far lower percentage of compositions properly matched to their owners. Here, we look at this often-overlooked bright spot in the music royalty landscape.
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RECORD LABELS REALLY, REALLY DON’T LIKE A NEW BILL THAT COULD – EVENTUALLY – CHANGE HOW ARTISTS GET PAID IN THE UK
Music Business Worldwide’s Murray Stassen reports, “Record companies, both majors and indies, are up in arms over suggestions from a British politician that signed artists should see a portion of their UK streaming royalties bypass the label system entirely, and be paid to performers directly via a collection society.”
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British MPs Demand a Formal Investigation Into Streaming Music Royalties
Several British MPs are demanding a formal investigation into the royalties that music streaming services pay their artists.
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How Much Does Streaming Actually Pay Musicians?
Musicians regularly and understandably complain about 0the payments they receive from streaming music services and release stats to prove they've been wronged. Too often, however, the numbers are incomplete or fail to include the publishers, labels, etc.- that can reduce what the artist finally receives.
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