2

Spotify to hike subscription rates in France in dispute with a targeted tax hike

In what seems like a protest action in addition to a logical finance decision, Spotify will raise its subscription rate in France to compensate for a new tax levied by the French government. A public blog post which is both aggressive and defensive makes a case for the streaming giant. “Se simply can’t absorb any additional taxes.” Spotify also disputes whether taxed revenue in France gets where it is supposed to go — assisting artists. Continue Reading

Music rights investment firm democratizes long-tail sale of song catalogs

Called the Catch Point Catalog Acquisition Program, the goal is to allow mid- and lower-level songwriters monetize their compositions. The company hopes to realize long-tail value which can be accumulated through many purchases of small catalogs. Click for details. Continue Reading

“Definitive Guide” to Spotify’s updated royalty system pits labels vs. artists

Jeff Price, indefatigable advocate for independent musical artists, has produced an information/fact sheet which explains how Spotify royalty calculations and payments work. This effort comes after the streaming company made significant changes to its payment allocations. Carrying the weighty title “The Definitive Guide to Spotify’s Changes In Sound Recording Royalty Calculations — And Its Impact on Artists,” the 26-page PDF (available HERE) is part explainer, part statistical sheet, and part accuser. It’s deep, complex, illuminating, and freely available. Continue Reading

Spotify’s 2024 royalty scheme shifts payouts upward; significance is debated

Spotify has announced change to its royalty payout calculation, limiting royalty eligibility to tracks which exceed 1,000 streams per 12-month period. Whereas in the past, sub-1,000 tracks earned negligible royalties, now those tracks will be taken out of the calculation entirely. This change will create meaningful results. Continue Reading

Digital distribution companies criticize the UMG/Deezer royalty breakthrough

The new royalty attribution method recently deployed by Universal Music Group and streaming music platform Deezer seeks to make royalty calculation more fair. But the change is not universally applauded. Two digital distribution companies Believe and TuneCore, whose customers are mainly indie musicians, calls the system “reverse Robin Hood.” Continue Reading

Industry first: UMG changes royalty terms with Deezer — to favor artists

In an unprecedented shift in how streaming music royalties are assessed, Universal Music Group (UMG) has reached agreement with Paris-based global streaming service Deezer. It is an artist-centric model which scales payouts upward in an attempt to reward musicians who are most favored by fans. Click for the details. Continue Reading