Spotify says its payouts are getting better, but artists still disagree

Spotify its annual expression on Tuesday Loud and clear reportInformation about Royalty Payment of Music Streaming Service. Spotifi was published early this year that it was Provided $ 10 billion To the music industry in 2024, in an attempt in a new report provides a more deeper-digit on paying its payment Display Reports The company that does not properly reward artists for their jobs.

The report says that for the first time, one of each million streams in Spotify earned more than $ 5 in 2021 in 2021, which made the same streamhair a decade ago 10x.

The amount of money paid to the Spotify artists and songwriters is saying that many are demanding fair compensation from streaming services. Several weeks ago Spotify the year of the songwriter of the year Grammy Party due to the decline in music streaming services. Due to the changes introduced by Spotify last year, The billboard has been estimated That authors can lose about $ 150 million for 12 months.

Also, a New Report from Dwighty (That spatifi has been dismissed in one Previous statement on TechCranch) It has been found that Apple music still pays twice as much as artists spotify. It has shown that Spotify has provided $ 3.0 per 1000 streams per artists, while other platforms like Amazon Music, Apple Music and YouTube have provided $ 8.8, $ 6.2 and $ 4.8 per 1000 streams in 2024 respectively.

After the report was released, Spotifi told TechCrunch that “these claims are ridiculous and baseless,” and “no streaming service provides per stream.”

New Report of Spotify has tried to dismiss these reports and anxiety. The report describes the company’s payment model to explain how artists and publishers earn revenue on his platform.

“The main streaming services calculate all the same in the same way: based on streamhair (if an artist’s catalog has 1% of the total stream, it will earn 1% of the total royalty),” the company explained in its report. “Nevertheless, the misconception about ‘every stream rate’ is widespread. Streaming services do not pay for the specific stream rate-as the audience does not pay the song they listen. “

The Union of Musicians and Allied Workers (UMAW) have called for Spotify to compensate for artists, especially independent and small artists who are fighting for a living. Congress women Rashida Tilaib and Congressman Jamal Boman introduced The Last Year Wage With the partnership with the UMA, a proposal has been described as a target for musicians to increase streaming royalty to one percent per stream.

“It is easy to calculate what Spotify recording artists pay directly,” a UMA spokesman told TechCrunch.

“There is no direct payment in the recording of the artists through Spotify, as the company claims that its streaming method comes under the need to pay for any existing control or musicians-not like other digital platforms like Satellite Radio, Internet broadcast, or ‘non-interractive’ streaming. Obviously it needs to be changed. UMAW supports the survivor for musicians to turn off the lufol and to pay for the streaming of musicians created for Spotify and other platforms, “the statement said.”

Spotifi’s report thinks that even though the industry is anxious, its payments are getting better.

According to the report, the number of artists produced by royalty has increased by three times since 2017. A decade ago, Spotify’s top artist earned more than $ 1 million, and today, more than 20 artists surpassed that milestone.

Over the past decade, the 10,000th-Ranned artist of Spotify has risen to about 4x from about 4x-$ 13,000, while 100,000-Ranned artists have seen more than their generated Royalty 10x-about $ 600 in 2024 in 2024. 6,000.

Also, the company has revealed that about 1,500 artists have earned more than $ 1 million from Royalty from Spotify alone last year. Spotify notes that 5% of these artists have no songs to reach the Spotify Global Daily Top 50 Chart in 2024, which means many of them are not families.

Spotify also shared that artists made at least $ 100,000 in royalities were recording more than 5 languages ​​in 2021, while artists who earned at least million million dollars in Spotify were recorded record music in 17 different languages.