Everything Copyright Owners Need To Know About Spotify: Mechanical and Performance with James Duffett-Smith
On May 7th, 2015 the Copyright Society of the South welcomed James Duffett-Smith, the Global Head of Publisher Relations at Spotify. There are many mixed emotions with regards to Spotify, and James is responsible for relationships between publishers, societies and songwriters around the world. Many are not happy with the amount of revenue earn through digital streaming, not to mention free ad-supported streaming. However, James explained that every year more and more users switch to Premium service (monthly paid subscriptions). Spotify is trying to educate the consumer by allowing free ad-based streaming, so that they will eventually pay for premium subscriptions.
In 2014 Spotify had 15 million + premium users and 45 million + free ad-based users. One (1) Billion was paid out. Thats a positive increase from 2013 where 500 million was paid out. As Sopify continues to grow, hopefully the music creators wallets will too!
For more information on spotify numbers visit: http://www.spotifyartists.com/spotify-explained/
From the left: John Barker (President and CEO of ClearBox Rights, LLC), Misha Hunke (BMI), John Rolfe (Rolfe Entertainment Law), Jill Napier (CSOS Vice Chairman, MusicPubWorks/Zavitson Music Group), James Duffett-Smith (Global Head Of Publisher Relations), Denise Stevens (CSOS Chairman, Lobe & Lobe), Karl Bruan (Hall, Booth, Smith), Ted Goldthrope( Sony/ATV Music)
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