Question
In November 2020, Spotify announced that they would be trialling a promotional tool for artists on their platform. This trial involved giving artists the ability
In November 2020, Spotify announced that they would be trialling a promotional tool for artists on their platform. This trial involved giving artists the ability to nominate "priority" songs out of their catalogue, information that Spotify would then add to their recommendation algorithm that determines what music gets played. In return, Spotify announced that artists using this feature would be paid a "promotional recording royalty rate", i.e. a lower per song payment rate.
The so-called "pay-to-play" experiment has been strongly criticised by groups representing the interests and rights of musicians, who have already accused Spotify ofexploiting musiciansdue to their very low per song payment rate.
What is the dilemma facing musicians who put their music on Spotify? Using your understanding of game theory and the proposed solutions to social dilemmas. Provide one solution to the musicians' dilemma.
Read this article to answer the above question:
https://theconversation.com/stream-weavers-the-musicians-dilemma-in-spotifys-pay-to-play-plan-151479
PLEASE ENSURE THAT THE PARAGRAPH DOES NOT EXCEED 150 WORDS.
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