Spotify launched a new website Thursday addressing questions on how it pays out royalties, but failed to dampen mounting anger from musicians struggling to survive in the streaming era.
“Artists deserve clarity about the economics of music streaming,” Spotify said on its new Loud & Clear site, adding that it aims to “increase transparency by sharing new data on the global streaming economy and breaking down the royalty system, the players, and the process”.
It said 13,400 artists had generated…
Source link
