Could An Upload Fee Help Fix Music Streaming? [Forbes]
Spotify Technology S.A. Ordinary Shares (SPOT)
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am
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Source: Forbes
For many people who stream music every day, how artists and rightsholders are paid is not a primary concern. Convenience and access matter far more. For subscribers, there is an implicit assumption that part of their monthly fee compensates those who create the music they enjoy. It is not dissimilar to boarding a plane. You buy a ticket, expect to arrive safely from point A to point B, and assume—without interrogating the system—that everyone involved in making that journey possible is being paid. As long as the flight takes off and lands, the transaction feels complete. Likewise, if the song plays on Spotify or Apple Music, the user believes they are getting what they paid for. But this, of course, is not the case in aviation, nor is it in music. Behind the scenes, the streaming economy is far more complicated—and far less equitable. On Spotify, artists must reach 1,000 monthly streams before royalty payments are triggered. This single rule effectively excludes an estimated 75
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