Think of the biggest songs on Spotify over the past decade. Here they are, courtesy of Kworb:
Ed Sheeran – Shape Of You (1.77bn streams);
Drake – One Dance (1.48bn streams);
The Chainsmokers – Closer (1.28bn streams)
Luis Fonsi – Despacito Remix (1.07bn streams)
Post Malone – Rockstar (1.05bn streams)
All of them were co-written, alongside the featured artist, by very talented people.
Some of these co-writer’s names: Steve Mac, Johnny McDaid, Shaun Frank and Jason ‘Poo Bear’ Boyd.
Yet the songwriters who penned these tracks presumably aren’t getting a penny for their compositions from corporate Spotify stock sales.
Instead, they’re being left out in the cold during one of the industry’s most historic windfalls.
It’s all on top of the year on year $7 billion “black box” royalties that no one “owns”. Partly due to bad or non-existing metadata and partly due to the practice of NDA’s in the music industry. Collecting societies have agreements with DSP’s (Digital Service providers) that even the songwriters they represent don’t have access to – due to NDA’s.