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by ladon86 1708 days ago
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).

1 comments

We are never going back to the old system, where we needed to buy each track/album we wanted to listen to.