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After announcing increased prices, Spotify to Pay Songwriters About $150 Million Less Next Year (www.billboard.com)

submitted 6 months ago by fpslem@lemmy.world to c/technology@lemmy.world

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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.

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[–] RaoulDook@lemmy.world 7 points 6 months ago (1 children)

I still buy everything on CD that I can get from good bands. Nothing beats CD quality and durability. My CDs from 30+ years ago still play just fine except for the few that have too many scratches from abuse.

After I get a new CD I rip it to high quality MP3 and add it to my personal streaming library.

[–] IchNichtenLichten@lemmy.world 1 points 6 months ago

I've seen quite a few download codes included with vinyl releases that have 24 bit wav/flac files available. Some will even offer 88.2/96kHz files.

You could argue that the quality difference isn't detectable between those and an MP3 rip of a CD though.