|
|
|
|
|
by crazygringo
939 days ago
|
|
> "Rounding errors" like these always favour the larger players. I don't see it -- how? > requiring each song to have 1k streams _per year_ before qualifying for monetization Each stream is ~$0.004. It doesn't seem unreasonable at all to require a song to hit $4 per year -- or $0.33/mo. -- to qualify. There is some level of overhead involved here, after all. These are ludicrously small amounts of money. Also how does this "help line the pockets of majors"? It's all just going back into the same pot of revenue that gets shared the same as before. So proportionally it's helping the artists with smaller songs still over 1K streams just as much. And even if it's $40M, that's just 0.3% of Spotify's overall revenue. Proportionally, it's pretty irrelevant. |
|
This is also compounded by their refusal to adopt a user-centric payment model where the artists you actually listened to that month are the ones your money goes to. Look at comparisons others have published and you’ll see how their current model siphons money from smaller artists towards major label artists (I’m discretely typing this in bits from our local chamber orchestra’s AGM and can’t look up facts for you atm).
With this change, it ensures that even moving to a user-centric model they’ll still be able to underpay smaller artists. It’s not so alarming on its own, but it ensures they can continue to keep the status quo even if they give in to pressure and adopt a user-centric payment model by being able to not have to pay for much of their catalog.