this post was submitted on 23 Nov 2023
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Sounds like the issue might be with the record labels...
I’m a small label owner and I guarantee you that it’s a red herring. they set the price of the service, and you can either upload your music on spotify, or not upload it.
compared to the market before digital platforms, where YOU set the price according to several factors, Spotify is the judge and the jury. they choose what the subscription cost is. they choose what your music is worth. they choose the amount of payout you’re gonna get. this is completely backwards! WE should be the ones, labels and artists, to tell spotify what our cost is, and THEY should be the ones setting their subscriptions on the according price for them to be able to cover all their running costs.
but they put themselves in the dominating position on the market, and contributed to the destruction of the physical market. we got left with no choice but to upload our music on their service and eat shit.
we passed from earning thousands of euro per year in physical and digital sales, to getting 100€ every three months for royalties on spotify. this is unsustainable whatever the way you look at it.
they’re the pirates, and ruined the market much more than what pirate bay ever did.
All of these complaints are nearly identical to the complaints about major labels prior to streaming. It's almost like the core issue is still the same, but the scapegoat is changing.
ah, you got to the main issue of the question. the problem is not different from before, and Spotify has just been used as a tool from the majors. if you read a comment below, I wrote that it’s true that Spotify pays their 70% to the artists… but they don’t tell how that money is redistributed. what we earn as independent is absolutely not the same of what a Warner or Sony artist earn. Spotify made under-the-table agreements with the majors in order to grab their catalogue and avoid getting shut off.
the majors saw spotify as a great tool to get themselves out of the hole they dug themselves into during the post 2000s, and kept doing their same shady kind of business.
so well spotted, you’re absolutely right.