When Bloomberg reported that Spotify would be upping the cost of its premium subscription from $9.99 to $10.99, and including 15 hours of audiobooks per month in the U.S., the change sounded like a win for songwriters and publishers. Higher subscription prices typically equate to a bump in U.S. mechanical royalties — but not this time.
By adding audiobooks into Spotify’s premium tier, the streaming service now claims it qualifies to pay a discounted “bundle” rate to songwriters for premium streams, given Spotify now has to pay licensing for both books and music from the same price tag — which will only be a dollar higher than when music was the only premium offering. Additionally, Spotify will reclassify its duo and family subscription plans as bundles as well.
I believe tidal actually has a larger library than Spotify, and offers a tier that lets you listen to higher quality of music. Similar pricing to Spotify I think. I had it for a while and really liked it, only stopped paying for it because I’m broke so I’m sailing the seas for now
Thank you for sharing your experience and may the winds blow ever in your favor! Ahoy!