Monday, 22 July 2013

Musician's Union Threatens Spotify Boycott...

Atoms For Peace aren?t the only ones taking a stance against Spotify. In fact, thousands of angry British musicians are aligning themselves with Thom Yorke and Nigel Godrich. More from the Guardian UK:

The Musicians? Union, which has more than 30,000 members throughout the industry, said it was pushing for a collective pay agreement modelled on the royalties paid by BBC and commercial radio stations. Spotify pays artists as little as 0.4p per stream, which means that a song that had a million plays would earn its performer just ?4,000.

By contrast a three-minute song played on Radio 2 generates ?59.73 for the songwriters and another similar sum to be split between the label and the performing artists. This 50/50 split is being advocated by the union, although the remuneration itself would be significantly more modest.

Source: http://dailyswarm.com.feedsportal.com/c/35235/f/655017/s/2ef7ab15/l/0L0Sthedailyswarm0N0Cheadlines0Cmusicians0Eunion0Ethreatens0Espotify0Eboycott0C/story01.htm

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