Spotify Will End Service in Uruguay Due to Bill Requiring Fair Pay for Artists
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
There is a discussion on Hacker News, but feel free to comment here as well.
Anything but fair compensation.
“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.
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.
“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.>
I dunno, ifnthat is true it seems more than fair compensation.
You do know why bands and artists sell merch at venues, right?
The contracts they’ve signed may entitle them to little or nothing of ticket sales.
The amazing thing about legislations like this is when eventually the lawmakers backtrack, they lay out red carpet to bring back business, making the situation even worse for the people.
All that matters is what it looks like on paper. The paper they segment and define themselves.