9/10/2023 0 Comments Spotify pay per stream![]() ![]() The company consistently deflects blame onto others for systems it has itself built, and from which it has created its nearly $70 billion valuations.” The union’s response continues: “However, Spotify has failed to meet any of our demands. We are pleased that Spotify has recognized the legitimacy of UMAW and the artists around the world who are demanding better payment and treatment. The UMAW detailed the company’s formal follow-up in a lengthy chain of tweets, indicating first: “Spotify has issued a response attempting to address some of our demands. In a response to UMAW, Spotify denied the request. It’s a rate anyone can understand, but it would mean a significant hit to the streaming giant’s revenue. Artists present at the protest want that rate raised to $0.01 per stream. The current model offers musicians roughly $0.004 per stream, which many believe is too low. ![]() ![]() Among the many demands being made, the loudest and most widely shared is a drastic increase in per-stream royalty payments. ![]()
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