Spotify Must Ditch Its ‘Blatantly Dishonest’ Scheme to Deny Songwriters Their Fair Share (Guest Column) ...Middle East

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Spotify Must Ditch Its ‘Blatantly Dishonest’ Scheme to Deny Songwriters Their Fair Share (Guest Column)
Recently, Spotify has reclassified its premium individual, duo and family subscription services as “bundled subscription services” in an ill-informed attempt to deprive songwriters and music publishers of their rightfully earned U.S. mechanical royalties. As a result, the agreed-upon revenue share rate for Spotify premium, currently 15.2%, may effectively be reduced to less than 12%, depending upon a number of factors. Losses to songwriters and publishers, estimated by Billboard to be $150 million on an annualized basis, will undoubtedly increase over time as subscription revenue and users grow.   Let me say straight a

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