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Spotify Will End Service in Uruguay Due to Bill Requiring Fair Pay for Artists (mixmag.net)

submitted 11 months ago by haxor@derp.foo to c/hackernews@derp.foo

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[–] GenEcon@lemm.ee 32 points 11 months ago* (last edited 11 months ago) (1 children)

“Spotify already pays nearly 70% of every dollar it generates from music to the record labels and publishers that own the rights for music, and represent and pay artists and songwriters," it continues.

The problem isn't the streaming platforms (unless you want to pay more for your streaming service), but the record labels. Spotify never made profit.

[–] MiltownClowns@lemmy.world 13 points 11 months ago* (last edited 11 months ago)

Music used to be more valuable because it was more scarce and more difficult to deliver. Now anybody can make a song and put it on the internet. The value has gone down and artists/labels need to recognize that or people aren't gonna pay them at all.