Spotify’s Music-Audiobook Bundle Means a Lower Royalty Rate for Songwriters, but Company Promises Record Payouts ...Middle East

Spotify’s premium plans combining music and audiobooks will mean a lower mechanical royalty rate for songwriters from those plans, the company has confirmed, although it claims that earnings for creators will continue to rise. “Spotify is on track to pay publishers and societies more in 2024 than in 2023. As our industry partners are aware, changes […]

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