Spotify to phase out service in Uruguay following new copyright bill requiring ‘fair and equitable remuneration’
The streaming platform claimed that it already pays nearly 70% of every dollar to labels and publishers and had contributed to a 20% growth in Uruguay’s music industry in 2022
Spotify is to phase out its service in Uruguay after the passing of a new music copyright bill requiring “fair and equitable remuneration” for authors, composers, performers, directors and screenwriters.
In October, the country’s parliament voted on a budget bill that included two new articles: per article 284, social networks and the internet are to be added “as formats for which, if a song is reproduced, the performer is entitled to financial remuneration” – namely if a link to a song is shared online.Continue reading...
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