Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Spotify defends Markle-Harry 18 mln pound podcast deal

Wed 24 Feb 2021 | 04:58 PM
Rana Atef

Through the final hours, Spotify was forced to defend its 18 million pound Meghan Markle and Prince Harry podcast deal on Tuesday.

However, the platform paid musicians between £0.002 and £0.0038 per stream.

The Duke and Duchess of Sussex last year released the Archewell Audio podcast as they wanted to build a community through "shared experiences and powerful narratives" last week.

Head of global affairs and chief legal officer for Spotify Horacio Gutierrez explained that the couple was a high profile one so they hoped that the couple could attract people to the platform.

Many musicians struggled to be paid more as the future of the industry is on the line due to the COVID-19, therefore, the Musicians Union expressed that half of its members searched for alternative work.

Musician and artist Guy Garvey underscored that "the future of music" is threatened that's why artists were being paid for audio streams.

The Sun highlighted: "The current system means that the money earned by streaming services is pooled before then being distributed according to market share.

This means that if Elbow's music accounts for one percent of all streams on Spotify, the band and their label receive one percent of the money."