Spotify, Amazon, and Pandora Want to Pay Musicians Even Less for Streams

A new filing to reduce streaming payouts by as much as five percent over the next four years has the backing of Spotify, Amazon, and Pandora.

According to a new report from Billboard, the streaming giants are entirely ignoring calls from musicians for a bump in pay with a proposal to cut royalties from 15.1% o 10.5% of their respective revenues. Their filing with The US Copyright Board would apply to payouts between 2023 and 2027 (a period known as Phonorecords IV to the UCP,) but harkens back to a rate not seen since 2018 (at the end of Phonorecords II,) when there was slightly less scrutiny for the fractions of a penny dished out per play by the streamers. And in the case of at least Spotify, they’re not waiting for approval. The steaming landscape’s biggest fish (with 165 million paying subscribers,) reportedly reverted back to the 10.5% royalty rate as soon as their filing hit an appellate court, where it’s currently being vetted even as organizations like the National Music Publishers’ Association (pushing for a 20% rate) and the Union of Musicians and Allied Workers (advocating for a cent-per-play,) continue to demand higher cuts.

One of the few DSPs not actively looking to cut their payouts is Apple Music, agreeing to simply run with whatever rate is determined by the judge overlooking the appeal, which is to say their streaming payouts will still be offensively low during the period in question, just not quite as low as those from the three aforementioned companies (Spotify and Pandora already occupying two of the three slots for worst-paying digital streaming services.)

READ THE STORY AT OKAYPLAYER

Views: 22

Reply to This

Best guide to hip hop, soul, reggae concerts & events in San Francisco Bay Area, Los Angeles & New York City + music, videos, radio and more

Connect

Bookmark and Share

Subscribe to E-Blast

WIN TICKETS

Beats Antique
Saturday Apr 9 @ Fox Theatre, Oakland

Rebelution & Steel Pulse
Friday, Aug 12 @ Greek Theatre, Berkeley

Members

Photos

  • Add Photos
  • View All

Groups

Latest Activity

Editor's Pick posted discussions
7 minutes ago
TEAM BIGGA RANKIN posted blog posts
2 hours ago
realmuzik posted discussions
Sunday
Editor's Pick posted discussions
Saturday
Support Those That Support You posted a blog post

[Exclusive] Yacob x Trill Will - Grind Success Shines Light On Collection Records

Rising Star Yacob has been movin in silence and slowly catching up to his peers withevery release.most notably his smash single Grind featuring Trill Will from Deland,Florida. He is a student of Music Genius of Artist/Producer Collabs the likes ofDrake/40 and Jay-Z/Kanye West. Provin to be the perfect combination of Artistand Producer Effectively packaged in the skin of a social media…See More
Saturday
An event by Editor's Pick was featured
Thumbnail

Who Sampled? Hip Hop Trivia Game with DJ Platurn & Ren the Vinyl Archaeologist and DJ Platurn at World Wide Web

January 23, 2022 from 12pm to 1:30pm
Sunday, don't miss "Who Sampled?" Hip Hop Trivia Game (Episode 50) with Ren the Vinyl Archaeologist and DJ Platurn. Test your hip hop knowledge! Tune in at 12pm PST/3pm EST. Watch and play at…See More
Friday
Editor's Pick posted an event
Thumbnail

Who Sampled? Hip Hop Trivia Game with DJ Platurn & Ren the Vinyl Archaeologist and DJ Platurn at World Wide Web

January 23, 2022 from 12pm to 1:30pm
Sunday, don't miss "Who Sampled?" Hip Hop Trivia Game (Episode 50) with Ren the Vinyl Archaeologist and DJ Platurn. Test your hip hop knowledge! Tune in at 12pm PST/3pm EST. Watch and play at…See More
Friday
Editor's Pick posted discussions
Friday
TEAM BIGGA RANKIN posted blog posts
Friday
TEAM BIGGA RANKIN posted blog posts
Thursday
Editor's Pick posted discussions
Thursday
An event by Editor's Pick was featured
Thumbnail

Golden Era with Renoir (aka Ren the Vinyl Archaeologist) and special guests at Hello Stranger Bar, Oakland

January 26, 2022 at 9pm to January 27, 2022 at 1:30am
WEDNESDAY JAN 26 Golden Era (2nd & 4th Wednesdays) Classic Hip Hop & R&B Featuring Renoir (aka Ren the Vinyl Archaeologist) and special guestDJ Cutso (The Bangerz)at Hello Stranger Bar, 1724 Broadway, Oakland. Doors 6pm. DJ Set starts at 9pm. No cover! Join twitch and watch live stream at…See More
Thursday

© 2022   Created by Ren the Vinyl Archaeologist.   Powered by

Badges  |  Report an Issue  |  Terms of Service