Spotify CEO Daniel Ek was recently interviewed by Music Ally where he addressed critics that suggest that it’s not paying musicians enough in royalties for the streaming of their music on its service.
He went on to say that “There is a narrative fallacy here, combined with the fact that, obviously, some artists that used to do well in the past may not do well in this future landscape, where you can’t record music once every three to four years and think that’s going to be enough.”
“The artists today that are making it realise that it’s about creating a continuous engagement with their fans. It is about putting the work in, about the storytelling around the album, and about keeping a continuous dialogue with your fans.”
The petition has now been launched demanding Ek for bigger payouts.
“We are begging for 1C PER PLAY from a multibillionaire CEO. WE DESERVE JUSTICE!,” petition reads.
Petition also explained how much artists are getting per play, which is:
Spotify pays: $0.004 per play
Tidal pays: $0.012 per play
Apple Music: $0.007 per play
YouTube: $0.00069 per view
As of this writing, petition has reached nearly 18,000 signatures. You can sign the petition at this location.
