Music publishers accuse Spotify of 'bait-and-switch subscription scheme'

Spotify has once again drawn the ire of the music industry. The National Music Publishers' Association has called on the Federal Trade Commission to examine the streaming service's addition of audiobook content into all of its paid subscription plans. According to the group's FTC complaint, Spotify's recent actions are part of "a scheme to increase profits by deceiving consumers and cheating the music royalty system." This requires some backstory. In November 2023, Spotify announced that it would include 15 hours of audiobook content as part of all its Premium subscription plans. A few months later, the company unveiled a new audiobook-only subscription, offering the same number of listening hours for $10 a month. The publishers' organization claims that Spotify's recent price increases are based on offering that extra audiobook content, and that paying customers are automatically being charged for a service they didn't choose and can't opt out of without switching to the free, ad-supported listening experience. And the additional revenue from the higher Premium subscription costs may not go to the music composers. According to the FTC complaint, Spotify will pay about $150 million less in music royalties over the first year of these new bundled Premium plans. The NMPA letter goes so far as to call the new audiobook-only plan "a sham" that "exists solely to allow Spotify to claim that audiobook content is a significantly and independently valuable aspect of its 'bundled'... Continue reading at 'Engadget'

[ Engadget | 2024-06-12 23:52:55 UTC ]
News tagged with: #deceiving consumers #company unveiled #listening hours #organization claims #paying customers #additional revenue #$150 million #nmpa letter #exists solely #early stage #planned overhaul #royalty model #routinely criticized #streaming ecosystem #audiobook

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Vice, Kotaku, Refinery29 to no longer publish in Australia after Pedestrian Group announces restructure

Dozens of jobs to be cut as the Nine-owned media company announces plan to stop licensing overseas titles and focus on wholly owned brandsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastTech and culture news websites... Continue reading at The Guardian

[ The Guardian | 2024-07-08 03:27:57 UTC ]
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Off the Beaten Path: Unusual Tales from Children’s Publishers

Sometimes a book’s journey to publication is straightforward. Other times, it’s a bit more circuitous. We asked publishers to tell us their fun or unusual behind-the-scenes stories. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-05 04:00:00 UTC ]
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Media Briefing: How the digital publishing industry has fared so far in 2024

Now that we’re at the midway point of 2024, let’s look back at five of the top stories that defined H1. Continue reading at Digiday

[ Digiday | 2024-07-04 04:01:00 UTC ]
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This Kindle Unlimited early Prime Day deal gives you a free three-month subscription

It's July, and that means Amazon Prime Day is just around the corner. We're seeing a lot of early Prime Day deals ahead of July 16, and the latest offer coming from within Amazon's umbrella is for the readers out there. Prime members can now lock in three months of a free Kindle Unlimited... Continue reading at Engadget

[ Engadget | 2024-07-03 19:58:56 UTC ]
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Chicken Soup for the Soul Publishing Untouched by Namesake Bankruptcy

After the entertainment company of the same name filed for bankruptcy, some in the book business wondered how the closure would impact the publisher. It won't. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-03 04:00:00 UTC ]
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Audio Publishers Association Stages an ‘International Summit’

The Audio Publishers Association, based in the United States, hosts a first 'International Summit of Audio Publishers' in September. The post Audio Publishers Association Stages an ‘International Summit’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-07-02 20:55:06 UTC ]
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The Strange Case of Posthumously Published Books

What are the personal, ethical, and moral considerations that go into books published posthumously? Continue reading at Book Riot

[ Book Riot | 2024-06-28 11:30:00 UTC ]
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Ex-'Village Voice' publisher lists Greenwich Village penthouse for $32M

No Village Voice, no Village home.Peter Barbey, a billionaire apparel mogul who led a failed effort to revive the storied Village Voice newspaper in the mid-2010s, is looking to say goodbye to the neighborhood in the publication’s name.Barbey has listed his 4,000-square-foot duplex condo at 140... Continue reading at Crains New York

[ Crains New York | 2024-06-24 17:26:41 UTC ]
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Spotify’s Basic plan returns to $11 a month by cutting audiobooks

Spotify has a new plan for US subscribers that keeps you on the old $11 monthly pricing — as long as you don’t mind ditching audiobooks. The new Basic tier includes the music and podcast content you get from Premium but without 15 hours of audiobook access, a recently added feature we suspect... Continue reading at Engadget

[ Engadget | 2024-06-21 18:36:40 UTC ]
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Publishers Are Increasingly Irked at Perplexity Bots Circumventing Blocks

Publisher frustration is mounting at AI search startup Perplexity, which is backed by Jeff Bezos and other tech titans, for circumventing attempts to block its crawlers from accessing and serving up media content, potentially cutting publishers out of billions in ad... Continue reading at AdWeek

[ AdWeek | 2024-06-21 17:04:46 UTC ]
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Delivering Ever-Evolving Digital Solutions for Publishing

Adapt, adopt, assimilate—that is the way digital solutions vendors are going about making technologies, new and proven, work for them and their publishing clients. This method also applies to their stance on three hot industry topics: accessibility, artificial intelligence, and automation.... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-21 04:00:00 UTC ]
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Post-SPD, Indie Publishers Consider the Benefits of Distribution Co-ops

Frustrated by the difficulties of finding and keeping traditional distributors, members of the IBPA came together last week for a webinar led by Microcosm Publishing CEO Joe Biel to discuss the merits of forming their own distribution cooperatives. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-21 04:00:00 UTC ]
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Has the DEI Backlash Come for Publishing?

Real numbers on diversity in publishing, AI garbage comes to your Kindle screen, New Adult returns: all in today's book news. Continue reading at Book Riot

[ Book Riot | 2024-06-19 18:45:34 UTC ]
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Boston Properties' Park Avenue South building lands publishing house HQ

Boston Properties has signed a new tenant to 360 Park Ave. South, a handsome but mostly vacant building whose co-owner sold its stake back to the developer earlier this year for $1.Ziff Davis agreed to relocate to corporate headquarters from 114 Fifth Ave. to the 20-story building at East 26th... Continue reading at Crains New York

[ Crains New York | 2024-06-18 16:59:09 UTC ]
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Thomas McCormack, ‘One of the Great Contrarians of Publishing,’ Dies at 92

McCormack, the longtime, famously outspoken executive who turned St. Martin’s Press from “an insignificant trade house on the brink of bankruptcy to a quarter-billion-dollar powerhouse,” died on June 15. He was 92. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-18 04:00:00 UTC ]
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Christian Indie Publishers' Faith in Marketing

A growing number of small independent Christian publishers and authors see awards and spirited, creative self-promotion pay off in sales. Continue reading at Publishers Weekly

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Publishing Industry Sales Were Hot in April

April was far from the cruelest month for book sales, with the 1,277 publishers that report results to AAP’s StatShot program showing a 18.3% increase over April 2023 following a flat first quarter. Every major category posted an increase over a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-17 04:00:00 UTC ]
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UK Publishers Association’s Conway: Upbeat on Labour’s Manifesto

Dan Conway at the UK's Publishers Association applauds Labour's goal 'to uphold human creativity and the UK’s copyright regime.' The post UK Publishers Association’s Conway: Upbeat on Labour’s Manifesto appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-06-13 20:33:18 UTC ]
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The UK’s Dan Conway: Election Platforms and Publishing

The UK's Publishers Association sees positive signals for publishing in political parties' platforms on AI and more for upcoming elections. The post The UK’s Dan Conway: Election Platforms and Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-06-11 21:47:11 UTC ]
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