"Streaming services don't pay artists enough" is a common refrain, but usually it's the artists saying it, not the streaming services themselves. But now one Spotify executive has joined the chorus of those complaining about musicians' royalties.
Troy Carter, Spotify's global head of creator services (and the man who used to manage Lady Gaga and Meghan Trainor) made the comments at the recent Music Business 2017 Convention in Nashville, Tennessee, Variety reports (via Thump). Asked by the moderator if he thought streaming royalties were fair from an artist manager's point of view, Carter replied, "I would say no, but I would also say the value chain's broken. And I think what needs to happen is we need to reconfigure the entire value chain."
"Is it also fair that if Max Martin wrote the hit on a record, that the person who wrote the worst song on the record is under the same rate as Max, essentially?" he said. "The hit songs really really matter and you've got every single producer and writer on the album trying to make that hit. But I do [think] it's really about rethinking the value chain."
Warming to the theme, he described Spotify as a "very honest platform. We play a game called best song wins. It doesn't matter if you're the biggest recording artist in the world or an act that was on Soundcloud and finally went to Tunecore and uploaded on Spotify, then the listeners don't lie."
