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.
Please, people, for the love of the gods, stop using Spotify. There are numerous other services that are so much better value for your money and don’t treat artists (as much) like trash.
And that being said, try to support your beloved artists directly as much as you can. Buying digital downloads or physical media will give them more money than a lifetime of streaming ever would. Plus you get to keep the higher-quality music even if the platform or artist goes tits-up.
