Spotify will end service in Uruguay due to bill requiring fair pay for artists:: The Uruguayan Parliament approved an amendment to the country’s copyright law last month
Spotify will end service in Uruguay due to bill requiring fair pay for artists:: The Uruguayan Parliament approved an amendment to the country’s copyright law last month
But according to the article 70% of the money they make from music is already going to record labels and publishers, so what exactly is Spotify supposed to do here to give more money to the artists?
Exactly… The issue isn’t spotify taking a very normal cut, it’s the record labels taking a majority cut and it seems this bill misses that entirely
That’s definitely the case, and that’s not the only country with laws that protect artists this way, for example Brazil right next to it also have it’s own set of laws, had then even before Spotify was a thing, but Spotify is happily in Brazil since 2014.
The Uruguayan law is just not well though, and that’s what happens when you put incompetent people in charge of making laws for things they don’t have the slightest clue of how they work. They kill an entire industry.
I feel like this whole bill is kind of a government sized “thanks Obama”.
iirc spotify has some weird revenue sharing thing where that 70% is split between all artists in a very non-linear way. You don’t get money based on how many of your songs get sold you get a slice of the total pie based on some weird formula. The result is that top artists get paid for more than their own songs sales and everyone elses gets less than their own songs sales to provide that extra cut to the top performers.
That’s not just Spotify though. Everyone uses a similar algorithm. Deezer and Tidal have talked about implementing user-centric payments but have not done so.
I think the law has more to do with indie artists not getting paid shit. People who want to self publish and cut out the middle man ( record labels )
“According to the article”…