Spotify is threatening to leave Uruguay if a new bill regarding artist remuneration is not changed. The bill states that performers of streamed music are entitled to financial remuneration, which Spotify opposes. The company argues that it already pays a significant portion of its revenue to rights holders and paying artists more would make its business unsustainable. It remains to be seen if Uruguay’s government will amend the bill.
Browsing: SocialMedia
As social media begins to decline, the next big change that could replace it in the future remains uncertain. However, emerging technologies such as virtual reality, augmented reality, and decentralized networks are potential contenders for the next major platform shift.
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