Spotify Says They Overpaid Songwriters and Publishers in 2018

Discussion in 'Article Discussion' started by Melody Bot, Jun 24, 2019.

  1. Melody Bot

    Your friendly little forum bot. Staff Member

    This article has been imported from chorus.fm for discussion. All of the forum rules still apply.

    Tim Ingham, writing at Music Business Worldwide:


    Because of this additional complexity, Spotify has now calculated that, retrospectively, according to the CRB decision, many music publishers actually owe it money for 2018, due to an overpayment based on the prior rates. And guess what? It wants that money back.

    Spotify told the publishers the news this week and, as you can imagine, these companies – already up in arms over Spotify’s CRB appeal – are fuming about it.

    One senior figure in the music publishing industry told MBW: “Spotify is clawing back millions of dollars from publishers in the US based on the new CRB rates that favor the DSPs, while appealing the [wider CRB decision]. This puts some music publishers in a negative position. It’s unbelievable.”

     
  2. Mr. Serotonin

    I'm still staring down the sun Prestigious

    This can't be true :crylaugh:
     
  3. personalmaps

    guppy Supporter

    [​IMG]
     
  4. slickdtc

    Regular Supporter

    Damn, gotta cut that penny in half now.
     
    Raku, Snoblin and Mr. Serotonin like this.
  5. CyberInferno

    Line below my username Supporter

    Spotify's really trying to piss people off now, aren't they...
     
    Jared Luttrell and Raku like this.
  6. Ryan

    Might be Spider-Man...

    First you butcher your update and now this? Wow
     
    Jared Luttrell and Raku like this.
  7. Raku

    Regular

    Normally I'm pro-spotify, but this is a indefensible.
     
  8. contra11mundum

    I hate spoilers. Supporter

    Wow
     
    Raku likes this.
  9. currytheword

    Trusted

    Never been happier to use Apple Music. Spotify can get fucked for this.