Major Record Labels Keep 73% of Spotify Payouts

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journovampire sends this report: New record company figures out of France suggest that artists are being paid just 68 cents from every €9.99 monthly music streaming subscription – as major labels keep hold of 73% of payouts from the likes of Spotify. They’re followed by writers/publishers with a 16% share, and then artists – mostly paid by their labels – who get 11%. Read more of this story at Slashdot.

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Major Record Labels Keep 73% of Spotify Payouts

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