When Bloomberg reported that Spotify would be upping the cost of its premium subscription from $9.99 to $10.99, and including 15 hours of audiobooks per month in the U.S., the change sounded like a win for songwriters and publishers. Higher subscription prices typically equate to a bump in U.S. mechanical royalties — but not this time.
By adding audiobooks into Spotify’s premium tier, the streaming service now claims it qualifies to pay a discounted “bundle” rate to songwriters for premium streams, given Spotify now has to pay licensing for both books and music from the same price tag — which will only be a dollar higher than when music was the only premium offering. Additionally, Spotify will reclassify its duo and family subscription plans as bundles as well.
I appreciate this. Can I have a listen? I also make music… Sometimes.
I release everything as “Underwaterbob” - my username. You can find me just about everywhere. If you don’t have a subscription, it’s all on YouTube, too: https://www.youtube.com/channel/UCQ_MZ9yX0STsY1l2Ml2zBFw
I make a wide variety of music.
Here is an alternative Piped link(s):
https://www.piped.video/channel/UCQ_MZ9yX0STsY1l2Ml2zBFw
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.