26/09/2022

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SPOTIFY GETS CRITICISED BY CONGRESS REPRESENTATIVES !

1 min read
SPOTIFY GETS CRITICISED BY CONGRESS REPRESENTATIVES !

Three members of the US Congress have composed to Spotify CEO Daniel Ek, criticising the streaming platform’s coverage for a perceived deficiency of economic transparency.

An exceptional report by Variety reveals that congress representatives Yvette D. Clarke (New York), Judy Chu (California) and Tony Cardenas (California) penned an open up letter dated again to March 26. The letter’s authenticity was confirmed by a spokesperson for Agent Clarke.

The letter states: “If two competing artists the two enroll their most recent keep track of in the plan, any benefit could be cancelled out, indicating that the only financial gain goes to your company’s bottom line. “For artists of various backgrounds, who often battle to access money, the premise that they need to now pay back in get to be uncovered by new customers on Spotify represents an especially really serious problem. “We would request that Spotify publish, on a regular foundation, the identify of just about every monitor enrolled in the software and the royalty discount agreed on,” the letter proceeds. “Without this transparency, you are inquiring artists to make a blind selection, and it signifies a common prisoner’s problem.”

To examine the total letter, check out out Assortment‘s exclusive report right here.

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