Spotify intended to cease to exist in Uruguay by February 2024
After the Uruguayan government issued a statementabout the changes in copyright law nthe music, Spotify announced that it will continue its activities in the South American country. Streaming had decided to close services in Uruguay on the grounds that changes to copyright laws were not clear, “confirming that any additional costs are the responsibility of the rights holders.” Read the new statement in full:
The Uruguayan government issued a much-needed statementabout the recent changesin copyright law nthe musicspecifically that rights holders are responsible for ensuring that artists are compensatedfairly, rather than requiring Spotify to pay multiple times for the same content. Spotify pays approximately 70% of every dollar generated from music to rights holders (record labels and publishers). We are pleased that this declarationwill allow Spotify to remain available in Uruguay, enabling us to continue providing artists with the opportunity to make a living from their art and billions of fans with the opportunity to enjoy and be inspired.We thank the President Lacalle Pou and his team for recognizing the value Spotify offers local artists, songwriters and fans.
Source: Rollingstone
Earl Johnson is a music writer at Gossipify, known for his in-depth analysis and unique perspective on the industry. A graduate of USC with a degree in Music, he brings years of experience and passion to his writing. He covers the latest releases and trends, always on the lookout for the next big thing in music.
