Although Gustav Serodstrazm and Alex Norstrom are appointed by Jeries, EC will maintain a significant impact as a head of the administrator to be obeyed by both new leaders. Spotify and many musicians who have already removed their traces, said they did not plan to return.
The artists say that the problems related to the platform are deeper than ECA’s personality. The main demand is extremely low payments: to listen to $ 0.005 from $ 0.003 to listen and less than 1,000 flows per year.
In addition, Spotify recently contained audio books to the Premium subscription, so payments to musicians decreased by about $ 150 million, while the company’s profit increased. This caused the dissatisfaction they needed even at the European Parliament and the US Congress.
Source: Ferra
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