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by ladon86
1708 days ago
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In music (as opposed to apps), it’s not about a 30% cut, and more about a $10 _cap_ on monthly music spend by consumers. That $5-10 needs to be split across all the artists on the streaming platform in proportion to their streams. And consumers are listening to far more music these days. A lot of people hear this and say: “well, I never spent $10/mo on CDs”. Sure, but some people used to spend $100s/mo, and now they don’t need to. I’d bet that music superfans/whales were once a very important revenue stream, just as they are for alcohol, sports teams and mobile games (likely less extreme than games though). |
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