In our latest DMN Pro Weekly Report, guest author Jeff Price offers an exhaustive breakdown of Spotify’s updated payout structure for sound recording royalties — and what if means for everyone in the music industry food chain.
The most remarkable takeaway from this report? For Spotify, the percentage of total revenue allocated to sound recording royalties doesn’t decrease when its new model rolls out in 2024’s Q1. So Spotify’s bottom line won't benefit from the revamp.
But rising, developing, and indie artists will no longer receive royalties. . .
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