Spotify is not profitable right now; their current revenue doesn’t come anywhere close to covering their costs. The only reason they’re able to survive is investors holding on to the belief that, some day, it’ll be possible to actually make the numbers work.
Musixmatch has a free, public database where lyrics are displayed. To contribute to the database, users can sign up and contribute lyrics, synchronizations, translations, and structuring to get points and move up levels. Musixmatch’s points have no redeemable value, but are instead a marker of a particular user’s contributions.
The writers almost certainly do get a cut. Musixmatch does not own the copyright to any of the lyrics, and as such, negotiated with the copyright holders in order to be allowed to store, display, and sell access to the lyrics. This almost certainly involved some amount of money changing hands.
Spotify is paying money for access to the lyrics and using that as a feature in their product. A chunk of that money is almost certainly going back to the actual writers.
It is fucked up that the fans who are transcribing do not get a cut, but it’s not like they were misled to believe they would make a cut before they started doing it. The people doing that are doing it out of a passion for the music.
I’m not saying they shouldn’t be paid of course they should, if it was up to me I’d say make them all rich. I just think it’s a stretch to imply that Spotify is stealing anything here
Do the people who wrote those lyrics get a cut of Spotify gatekeeping them?
hahahahaha spotify and paying someone lol
Spotify is not profitable right now; their current revenue doesn’t come anywhere close to covering their costs. The only reason they’re able to survive is investors holding on to the belief that, some day, it’ll be possible to actually make the numbers work.
The majority of their investors are record labels now, so there’s also an incentive to prevent competing streamers from taking Spotify’s position
Spotify purchases their lyrics from Musixmatch
So no?
You as an individual can go access the public free database. Spotify as a corporation is a customer of musixmatch.
https://about.musixmatch.com/business/customer-stories/Spotify
I’m not sure what exactly you’re trying to say?
Spotify is receiving money for something they did not create.
Neither the writers of the lyrics nor the fans who transcribed them get a cut.
That is fucked up.
The writers almost certainly do get a cut. Musixmatch does not own the copyright to any of the lyrics, and as such, negotiated with the copyright holders in order to be allowed to store, display, and sell access to the lyrics. This almost certainly involved some amount of money changing hands.
Spotify is paying money for access to the lyrics and using that as a feature in their product. A chunk of that money is almost certainly going back to the actual writers.
It is fucked up that the fans who are transcribing do not get a cut, but it’s not like they were misled to believe they would make a cut before they started doing it. The people doing that are doing it out of a passion for the music.
I’m not saying they shouldn’t be paid of course they should, if it was up to me I’d say make them all rich. I just think it’s a stretch to imply that Spotify is stealing anything here
I like stealing. According to my belief system theft is good.
It’s the fact Spotify is charging users for something stolen is what I think is fucked.
Something stolen should be freely shared.
Spotify are paying musixmatch for the lyrics.
musixmatch didn’t create the content either.
Irrelevant. It’s up to musixmatch to pay the creators or supplier of their content, not Spotify.
Ah, the buygamekeys .ru approach.