Musicians ask Spotify to triple payments

Musicians are calling on Spotify to triple its royalty rates following the coronavirus pandemic causing tours cancellations all over the world, the Guardian reports. An online petition posted by musician Evan Greer asked Spotify to triple its rates permanently - it is widely believed that Spotify pays artists about $0.00318 per stream, meaning that a rights holder would receive $3.18 (£2.74) per 1,000 streams.