this post was submitted on 26 Nov 2023
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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.
Is it Spotify that arrange the cut for artists or the label though?
I don't know but I'd think it's the labels as it's too much for Spotify to negotiate per-artist?
When food companies use slave labour or cut down old growth forest for intensive farms do we get mad at Walmart/Tesco/Carrefour for having a normal margin on what they buy from the food companies (which may or may not leave enough for the products to be sourced sustainably, but that's a separate argument as the food companies would likely take a higher margin over keeping the same one and making their food more sustainable if paid more) or do we blame the food companies/their suppliers?