Spotify will end service in Uruguay due to bill requiring fair pay for artists:: The Uruguayan Parliament approved an amendment to the country’s copyright law last month
No, it’s as indicated, that is, to have artists paid fairly for their creative talents. Trickle down economics exemplified. It is akin to you working your job through an agency but the agency paying you far less than minimal wage. Like a lottery, only a few will make real money.
But according to the article 70% of the money they make from music is already going to record labels and publishers, so what exactly is Spotify supposed to do here to give more money to the artists?
Exactly… The issue isn’t spotify taking a very normal cut, it’s the record labels taking a majority cut and it seems this bill misses that entirely
Spotify is still signing unfair contracts with those labels though. They could throw their weight around and demand higher cuts for artists but they aren’t. No need to let them off the hook when they’re choosing to participate and profit in a corrupt industry, IMO.