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
A key player in the Danish publishing market has launched a new publishing house in Sweden: can doubling her market mean twice the success? The post Danish Publisher Politiken Launches Polaris Publishing in Sweden appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-11-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#sweden appeared
#key player
Since its 2009 launch, Amazon Publishing has steadily ramped up its program, and is now the Pacific northwest's largest publisher. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#amazon publishing
#pacific northwest
#largest publisher
It’s not often you get to shake out what publishers’ biggest concerns are across the entire range of European markets, all at once. When 250 execs from leading publishers from across Europe convened on the French riviera this week for the Digiday Publishing Summit, we asked them to literally map... Continue reading at Digiday
[ Digiday | 2016-10-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#leading publishers
#publishing summit
#biggest concerns
#european markets
Canada has a pretty good reputation on the world stage when it comes to publishing children’s books,” says Orca publisher Andrew Wooldridge. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-09-23 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#world stage
#publishing children
Zhejiang Publishing United Group is a state-owned publishing group under the Zhejiang Provincial Government, established in 2000. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
More news stories like this |
The Holtzbrinck Publishing Group is a family-owned company based in Germany. The group’s portfolio includes Macmillan Publishers (trade publishing), Macmillan Learning (US higher education), Holtzbrinck Digital, Information and Services; and Springer Nature. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#macmillan learning
#higher education
#holtzbrinck digital
#springer nature
Founded in 2002, China Publishing Group Corporation (CPG) is one of China’s largest trade and professional publishing groups. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#largest trade
Shueisha is a major publisher in Japan and the largest manga publisher in the world with a market share in Japan of 30%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#shueisha publishing
#major publisher
#market share
The Kadokawa Group is working to move beyond its existing publishing business to expand in film and web video projects and mobile apps, as well as develop business overseas with an emphasis on Asia. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#kadokawa group
#mobile apps
Phoenix Publishing and Media Group is one of the largest publishing groups in China. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#media group
China South Publishing & Media Co. Ltd. was established in 2008 to operate the publishing businesses owned by Hunan Publishing Investment Holding Group, which was created in 2001 as an investing and operating enterprise authorized by the Hunan Provincial Government. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
More news stories like this |
Shinchosha Publishing Company was founded in 1896 and publishes general literature, fiction, nonfiction, fine arts, philosophy and dictionaries as well as manga. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#shinchosha publishing
#fine arts
China Education Publishing & Media Group (China Education) was formed in December 2010 as a strategic merger to reshape educational publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#strategic merger
[Sponsored] Four steps toward harnessing the power of audience data for success. The post Publishing 3.0: The Atomization of the Publishing Industry appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#publishing industry
#audience data
Recognizing 'responsibilities to each other that transcend national borders,' the Jeri Laber International Freedom To Publish Award was established in 1975. The post American Publishers’ Freedom to Publish Honor for Bangladesh’s Shuddhashar appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#american publishers
#publish award
The social network is becoming a news and content network, thanks to your content. The post Facebook as a Publishing Platform Isn’t Good For Publishers appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-05-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#post facebook
#publishers appeared
It is obvious that publishing is in the midst of a cataclysm. If we can summarize this upheaval in just one line, it would be that publishing is moving from circulation and readership metrics to an engagement metric. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital solutions
Mike Stoner couldn’t find a publisher for his story of an expat’s dark days in Indonesia – until he looked eastAs soon as I read Mike Stoner’s self-published novel, Jalan Jalan, I had a feeling that it ought to be able to find a commercial publisher. The book was the last winner of the... Continue reading at The Guardian
[ The Guardian | 2016-03-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#good measure
#final chapter
An important riposte to digital culture, these essays by the Italian publisher and author argue that a publisher’s list is a literary work in its own rightThis collection of essays by the Italian author and publisher Roberto Calasso, translated by Richard Dixon, is a paean to publishing. Calasso... Continue reading at The Guardian
[ The Guardian | 2016-02-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#single book
#digital texts
#physical objects
#timely book
While the giant firms sink huge sums into fleeting fads, the commitment and passion of the smaller imprints leave a larger impression in the long termIndependent publishers pick the books they loved and wished they published in 2015Here’s an observation: it sometimes feels as though smaller... Continue reading at The Guardian
[ The Guardian | 2015-12-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#half-formed thing
#eimear mcbride
#galley beggar
#deborah levy
#numerous occasions
#bother chasing