Spotify to phase out service in Uruguay following new copyright bill requiring ‘fair and equitable remuneration’

Digital music and audio | The Guardian 2023-11-22

Summary:

The streaming platform claimed that it already pays nearly 70% of every dollar to labels and publishers and had contributed to a 20% growth in Uruguay’s music industry in 2022

Spotify is to phase out its service in Uruguay after the passing of a new music copyright bill requiring “fair and equitable remuneration” for authors, composers, performers, directors and screenwriters.

In October, the country’s parliament voted on a budget bill that included two new articles: per article 284, social networks and the internet are to be added “as formats for which, if a song is reproduced, the performer is entitled to financial remuneration” – namely if a link to a song is shared online.

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Link:

https://www.theguardian.com/music/2023/nov/21/spotify-to-phase-out-service-in-uruguay-following-new-copyright-bill-requiring-fair-and-equitable-remuneration

From feeds:

Music and Digital Media » Digital music and audio | The Guardian

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Authors:

Laura Snapes

Date tagged:

11/22/2023, 05:08

Date published:

11/21/2023, 12:50