Spotify Is Increasing Its Prices Again – and You Can Blame Audiobooks

Mzqaqe on 04/04/2024 - 20:36

https://www.afr.com/technology/spotify-is-increasing-its-pri…
Spotify plans to raise the price of its popular audio service in several key markets for the second time in a year, a crucial step towards reaching long-term profitability.
The streaming giant will increase prices by about $US1 ($1.50) to $US2 a month in five markets by the end of this month, including the UK, Australia and Pakistan, according to people familiar with the matter. It would raise prices in the US, its largest territory, later this year, said the people, who asked not to be identified discussing confi

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  • brendanm on 04/04/2024 - 20:46

    My Spotify is free.

    • DingoBilly on 04/04/2024 - 21:22
      +1

      Xmanager if you're on Android is great as an alternative to Spotify.

      • neo on 05/04/2024 - 09:01

        What does that do?

  • Hybroid on 04/04/2024 - 20:47
    +5

    Annoying for those of us that couldn't care less about audiobooks (or podcasts) and would rather have a cheaper plan without them.

    • youfnc on 05/04/2024 - 08:47

      I read somewhere that there will be a new basic plan that won't include audiobooks.

      • ozbs25 on 05/04/2024 - 10:05

        You mean from the link in the post?

        • youfnc on 05/04/2024 - 10:12

          Probably not from this article as it's pay-walled I didn't bother with printfiendly.

          • ozbs25 on 05/04/2024 - 10:13

            @youfnc: Ahh, sorry, I didn't realise. I'm logged into the paper myself.

  • psj2019 on 04/04/2024 - 21:23
    +4

    Honestly youtube premium seems to be winning here, spotify keeps raising prices non-stop it's getting out of hand if you're not on a family plan :(

  • Gdsamp on 04/04/2024 - 21:51
    -8

    Greedy artists demanding more money. real artists do it out of passion and for the love of the craft

    • garetz on 04/04/2024 - 22:18
      +3

      You must be one of those people who hire people for "exposure".

      Just like anyone else who has a job and expects to be paid to do that job, so should artists have that ability, otherwise how else can they survive.

      • Subere on 06/04/2024 - 09:09

        Yeah and it was all in the music news the past couple months of Spotify actually screwing artists and raising the stream threshold before even being eligible for their pittance of royalties. Indy artists are the ones that lose most.

        This is Spotify wanting more cash. None will be going to artists. Spotify is not artist friendly at all.

  • Drakesy on 04/04/2024 - 22:47
    +5

    Been using youtube premium + the added bonus of Youtube music and it's been pretty impressive, don't need spotify and the music selection is just as good.

  • Nillionaire on 05/04/2024 - 00:10
    +1

    Spotify family is still great value

  • CheapandUsed on 05/04/2024 - 07:50
    +1

    Snoop Dogg Got Paid Less Than $45,000 For Having One Billion Streams On Spotify

    Sounds like Spotify pay artists pretty much the same as what the high seas pays them.

    • ThithLord on 05/04/2024 - 09:41

      From the same article:

      That being said, of you write your own music, own the rights to the publishing, and don’t have 10 co-writers in the room to split it up with, you’d be pocketing SIGNIFICANTLY more money than $45,000.

      So much of his music is collaboration with featured artists.

      Also, is that how artists are paid? Once they reach a billion streams? Or, just maybe, they're paid along the way…?

      • CheapandUsed on 05/04/2024 - 10:42
        +2

        According to this artist calculator https://soundcamps.com/spotify-royalties-calculator/;
        *if you own 100% of the royalties,
        *have 1 billion streams with "Worldwide (Average)" locations,

        you will earn USD$2,380,000, or USD$0.00238 per stream.

        Playing with the locations is interesting though, if you could get that 1billion streams from Iceland you'd earn USD$6,180,000, whilst if it was Tunisia you'd earn only USD$700,000 (I couldn't find OzBargains favourite Spotify location of Turkey)

        Once they reach a billion streams? Or, just maybe, they're paid along the way…?

        "from early 2024 only songs that receive 1000 streams or more will be eligible for payouts, which has been highly criticized by the independent music community as a way for them to pay artists less"
        https://soundsightmag.com/news-spotify-royalty-payout-model-…

        So you have to have a song that is streamed 1000 times before it can get monitised. There is also something about how they will fingerprint who is streaming the song to ensure its genuine streams and not 'fraud'.

  • Minimum chips on 05/04/2024 - 08:47

    Yet another reason to use Tidal. They pay the artists much, much more per stream. Would you rather your subscription costs go to the artist or Joe Rogan contracts and Audiobooks experiments?

    • ozbs25 on 05/04/2024 - 10:03

      It does depend on where your membership is though. They get less from a membership based in Argentina for example.

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