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After announcing increased prices, Spotify to Pay Songwriters About $150 Million Less Next Year (www.billboard.com)

submitted 6 months ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 14 points 6 months ago

It's not easy, fast, or free, but it is worth it. I currently still have a Spotify account, but I'm weaning myself off. I've been going the Bandcamp + jellyfin route. Buy an album a month (about the price of monthly streaming) and add it to my personal library. Next month, check what I've been listening to most on Spotify and buy that. It's twice as expensive (for now) but I'm supporting artists more directly and have an exit strategy for Spotify. Curious about other's approaches!