Laura Snapes reviews by strategy of The Guardian: Spotify is to part out its carrier in Uruguay after the passing of a brand fresh music copyright bill requiring “comely and equitable remuneration” for authors, composers, performers, directors and screenwriters. In October, the country’s parliament voted on a budget bill that incorporated two fresh articles: per article 284, social networks and the net are to be added “as codecs for which, if a song is reproduced, the performer is entitled to monetary remuneration” — namely if a link to a song is shared online. Article 285 will build into copyright regulations the “upright to a comely and equitable remuneration” for all “agreements entered into by authors, composers, performers, directors and screenwriters with admire to their college of public communication and making on hand to the public of phonograms and audiovisual recordings.”
In response, Spotify stated in an announcement on November 20 that with out adjustments to the 2023 Rendicion de Cuentas regulations, the streaming platform “will, unfortunately, birth to part out its carrier in Uruguay efficient January 1, 2024” and cease shopping and selling out there in February 2024. The Swedish company seeks affirmation on whether or no longer extra prices to be paid to musicians are the duty of rights holders or the streaming platforms, arguing that the latter methodology that it would be required “to pay twice for the same music,” Tune Trade Worldwide reviews. The scream persisted: “Spotify already pays virtually 70% of each greenback it generates from music to the story labels and publishers that non-public the rights for music, and signify and pay artists and songwriters. Any extra payments would hold our trade untenable.” The platform claimed that it had contributed to a 20% dispute in Uruguay’s music trade in 2022. That One year, the South American nation was the 53rd largest marketplace for music.
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