Are Spotify’s royalties truly ‘Loud & Clear’?
It’s that time of year again when journalists open their inboxes to find Spotify’s Loud & Clear report waiting for them.
At first glance, the report is easy on the eye, and you can’t miss the countless ‘millions‘ and ‘billions’ scattered throughout, among heaps of positive statistics surrounding record revenues, royalties, and growth.
The Loud & Clear report was launched to ‘provide clarity and transparency‘ following mountains of bad press highlighting concerns about compensation and fairness in royalty distribution for artists.
Can you share with us how labels pay artists?
As the first thing that loud and clear goes into is calling out the Spotify pays rights holders and not artists directly.