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Spotify is about to cost more with a price increase planned for next week (9to5mac.com)

submitted 1 year ago by Mustafaalbazy to c/[email protected]

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According to the report, Spotify will raise its standard subscription rate by $1 next week, bringing the monthly cost from $9.99 to $10.99.

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[–] [email protected] 3 points 1 year ago (1 children)

Well, they pay artists 0.03¢ every 1000 play or something...

[–] [email protected] 1 points 1 year ago (1 children)

I guess I don't really know exactly how their model works, but I'm guessing that is only for independent artists. I bet they paid big bucks to the major record labels.

[–] [email protected] 1 points 1 year ago (1 children)

To record label yes, to artists, no

[–] [email protected] 1 points 1 year ago

Yes and thats my point. The $10 a month is likely not sustainable because of their contracts with record labels.