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Spotify CEO explains issue of artists' pay, says it's "hard to change the narrative"

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Spotify created a website in 2021 called "Loud & Clear" to clarify exactly which artists receives payments. But CEO Daniel Ek said he wishes he had handled the issue differently. CBS News' Gayle King reports.
#spotify #music #artists
Each weekday morning, "CBS Mornings” co-hosts Gayle King, Tony Dokoupil and Nate Burleson bring you the latest breaking news, smart conversation and in-depth feature reporting. "CBS Mornings" airs weekdays at 7 a.m. on CBS and stream it at 8 a.m. ET on the CBS News app.
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Опубликовано:

28 авг 2024

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Комментарии : 92

@amrit1144 Год назад

We don't need tik tok & social media app, we want audio streaming app.

@urasenseii Год назад

SoundCloud

@dmajorx Год назад

You want to change the music industry? Pay artists for our music in more than just tents of a cent(s). Yes, I said that correctly. Most artists don't even make over 2 cents per stream and I'm not sure any artist makes 25 cents per. The general public has no idea how much the digital music industry screws the artist. That's why concert tickets are so expensive these days it's the only way for artists to make real compensation.

@evacody1249 Год назад

🙄🤦‍♂️ concert tickets cost so much because Live Nation does not give a damn about the artists. Spotify is not the issue.

@adesuwa9112 Год назад

I totally agree!

@dylaneatontrains2 Год назад

they can't because they haven't ever been profitable and they give us 70% of the revenue

@acrobart2339 11 месяцев назад

seriously almost anyone can create their own streaming service these days, internet infrastructure is cheap and so is HDD space

@s0kulite 11 месяцев назад

Record companies are the true evils

@disastermaster1413 Год назад

Spotify has explicit warnings on songs that don't contain explicit lyrics

@dcrgamer9668 Год назад

Yep I don't know how why

@tonybroomes6577 Год назад

That's based on whomever uploaded the song.

@peterlundskow4061 Год назад

Gayle didn't really do a hard interview on this fellow at all. No matter what he says artists are getting the super short end of the stick unless, they are so big they have their own contract with Spotify. News flash LPs just passed CD sales. People want their own personally owned copy of the music & artists to get a bigger piece of pie when they sell those LPs to people!

@thepotpodcastwithtigmatic Месяц назад

Because he's white if its someone black she'd be treating them differently and not in a good way

@adamsimpson2683 Месяц назад

Then what is their alternative? There has never been a great place for unknown artists to make a living strictly from their music. If you think you have a solution, then by all means start it.

@jojopuppyfish Год назад

Spotify has many listeners but it NEVER makes any money.

@louisg3598 Месяц назад

suuuurrree

@maratmukhtarov1435 Год назад

Music is a culture it’s not just bumping trombones in your ears with rhythm. I want to listen what I want to listen, not what the app suggests me completely. I need 25-40% of suggestions not like 90%

@GarnetReign Год назад

Pay artists more, Spotify. Charging us a $1 more, but you can't even pay musicians that make you that premium what they're worth.

@michaelvaladez6570 Год назад

He excluding confidence before the question was post about royalties to artist..but his tone was less than..I wouldn't support a program.

@Rishabh-Dev-N3 11 месяцев назад

Spotify is doing what their best at. It all comes Down to Artists distribution companies/labels. There are many Independent Artists on Spotify and other streaming platforms who keep 100% of the streaming and sales revenue.

@tcartist_studio Месяц назад

He made a huge income that charges money monthly terribly. Nobody cares to help Artists emerging

@Ramos7555 Год назад

Where is HiFi? The people want HiFi!

@the5thYearSeniors Год назад

Switch to Tidal

@dcrgamer9668 Год назад

I don't care about any of this I just want HIFI

@dk60ish Год назад

Quite enlightening & I really appreciate his candor, but I wished he would've touched upon indie musicians who own the rights to their own music & use distribution services, also the power of curators who can dictate how much exposure particular music can get on Spotify, but of course there's only so much interview time.

@IaneHowe Год назад

I removed the app a year ago and won't go back pay people fairly

@sexychocolate252 Год назад

gayle has lost her touch she seems old and outdated as a journalist not to mention her debacle and affliation with meghan markle poor gayle and that wig? seriously >?

@louisg3598 Месяц назад

Who determined the royalty rate for free and paid subscription streams? Remember folks, there are royalties generated per stream for copyright holders of recordings as well as royalties for the copyright holder of the composition from which the recordings are made. Multiple/different companies collect those royalties. Is $ $0.003-$0.005 per stream fair? How much SHOULD it be?

@troyhewson7907 Месяц назад

Considering that all the major labels own a stake 17% stake in Spotify and get paid annually for the music to be used on Spotify, I think the artist needs to keep all the royalties from the streams. This is the labels fault

@wailersbarrett Месяц назад

He is a Crook😢

@brucesmith6007 23 дня назад

Take $billions away from Ek. And give $ to artists he stole from.

@ConstantGardener-q9q Год назад

Mo’ money, mo’ money, mo’ money for MEEEEEE and NOT the artists. This is Steve Jobs-esque PR

@bokanghelepi3442 Месяц назад

This thing of having the algorithm giving you what it thinks you will like is nonsense.

@disastermaster1413 Год назад

Neil young > Joe Rogan

@handanarts Год назад

Nobody talks about Neil young since he is irrelevant now

@Roadblock7611 2 месяца назад

😂

@Roadblock7611 2 месяца назад

tell me you are over 60 without telling me youre over 60 lol

@disastermaster1413 2 месяца назад

@@Roadblock7611 lmao im not even close to 60

@Cattime22 Месяц назад

The AI thing is basically "Related" on RU-vid 😂

@zerocool5395 Год назад

Joe Rogan, Dave Chappelle and Bill Burr are uncancelable #Cope #SelectiveOutrage

@yourturn777 Год назад

I believe Neil. ✊🏼

@GeeWhizbang Год назад

Holy puff piece

@LiquidToddnyc Год назад

Artificial Intelligence DJs. "It's about connection." To a robot.

@ariadnephiline 11 месяцев назад

yep, if you want connection buy a physical album, really works. Ive come to really dislike the roboty features.

@grancm-aviationconsultancy4813 2 месяца назад

In the future, the musicians will get 0 money for streams in their dreams. Very bad deal for musicians.

@tommyface5756 Месяц назад

RIP OFF PLATFORM.. A CHANGE IS COMING FOR ARTIST

@ThatsJustMyBabyDaddy Год назад

Amazing.

@David-Fry Год назад

They talk about diversity, but in fact, they promote just blacks and women. There is just 10% of European mans on covers and playlist. Thats called rasism and sexism

@figgettit Год назад

living in the past

@monsterclosetcom Год назад

Another Corporate PR piece. What happened to CBS News?

@hazebanga Год назад

look at this thief smh

@MaggusMcBue Год назад

Hey Spotify, 99% of all users see this change negatively, hardly anyone will love it! Why don't you listen to your paying customers for a change instead of bringing such crap and pushing these superfluous podcasts. I don't see this crap in the app yet, but if it comes and I can't turn it off, I'm gone forever and switching to Apple Music!!!!

@Kahayuman Год назад

we need hifi and lossless

@evacody1249 Год назад

Then buys the albums.

@the5thYearSeniors Год назад

You've never heard of Tidal??

@burnbobquist8999 2 месяца назад

Maybe, just maybe it was not a smart move to spent millions on big names, podcasts etc. insteat of concentrating on what you should be good at: streaming music.

@lovemikijackson Год назад

Narrow the CHANGE 👀 👀

@EnronnSierra Год назад

Does JLO need help with being discovered? Anyway, I love Spotify! I started building a curated list and it just filled in the blanks in a magical way that just leaves me speechless.

@TheAspieDrummer Месяц назад

Artists should not expect to make a living from their music and should all go and get normal jobs.

@officialmichaeldaron 2 месяца назад

Spotify is the most exploitative and discriminatory platform for indie artists, ashamed as a swede

@DeprivedBandTV 21 день назад

This guy is the definition of pure evil.

@SIMONE.GRAZIOLI 27 дней назад

this guy is just stealing artists profits. crazy robbery

@michaeld.williamsiii9026 Год назад

No Spotify for me personally, interesting segment, however…

@Iamyungp Месяц назад

He has no talent robbing artists for their art culture vulture

@kevinconway2094 Год назад

PAY FOR YOUR MUSIC. Spotify can suck it.

@steveconn Год назад

Have a Mick Jagger in your band to diversify your income, or your finished. Tech has scavenged everything else.

@hinatasigosson8812 Год назад

knock knock... YOU: "Who's There?" Bad Weather, Climate Change, Atmospheric Rivers, Massive Glacier Melts, Arctic Cold Snaps, Endless Heat Waves & Torrential Rain.. YOU: "R you selling Girl Scout Cookies?"

@hinatasigosson8812 Год назад

knock knock... YOU: "Who's There?" that was another ancient tree falling. knock knock... YOU: "Who's There?" that was another forest on fire.

@isajoha9962 2 месяца назад

His eyes looks dead.

@wasiuanimashaun Год назад

Gayle is soo corny

@CruiseControlM3 Год назад

The media's selective outrage on Joe Rogan always makes me laugh. No one tries to cancel people who bash christians or muslims. Makes me scratch my head🤔