welcomed<\/a> Spotify’s price increases. The Premium tier price hike will boost streaming revenues for UMG’s roster, which includes Taylor Swift, BTS, Justin Bieber, Drake and more.<\/p>\n“We see more alignment between the labels and the music platforms that we’ve ever seen before,” Grainge said. “That allows us to make sure the artists are better compensated and everyone is rewarded for the engagement that those artists drive.”<\/p>\n
Grainge added there is still work to do with the current streaming model because it isn’t fair to artists, who he says remain “undervalued.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Spotify‘s price increase of its individual Premium plan is not sitting well with consumers or investors. On Tuesday, July 25th, the Swedish streaming giant etched its second consecutive day of tumbling market losses after increasing the price of the plan from $9.99 to $10.99. The company’s stock dropped 11% on Tuesday, the largest single-day fall since […]<\/p>\n","protected":false},"author":1,"featured_media":386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"http:\/\/educlub.me\/index.php\/wp-json\/wp\/v2\/posts\/384"}],"collection":[{"href":"http:\/\/educlub.me\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/educlub.me\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/educlub.me\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/educlub.me\/index.php\/wp-json\/wp\/v2\/comments?post=384"}],"version-history":[{"count":2,"href":"http:\/\/educlub.me\/index.php\/wp-json\/wp\/v2\/posts\/384\/revisions"}],"predecessor-version":[{"id":388,"href":"http:\/\/educlub.me\/index.php\/wp-json\/wp\/v2\/posts\/384\/revisions\/388"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/educlub.me\/index.php\/wp-json\/wp\/v2\/media\/386"}],"wp:attachment":[{"href":"http:\/\/educlub.me\/index.php\/wp-json\/wp\/v2\/media?parent=384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/educlub.me\/index.php\/wp-json\/wp\/v2\/categories?post=384"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/educlub.me\/index.php\/wp-json\/wp\/v2\/tags?post=384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}