|
|
|
|
|
by cwillu
16 days ago
|
|
And what good does that do those artists precisely? From the article: “For example, I am paid $0.00029 per stream of a song on Spotify, and even this amount depends on whether the song is being streamed by a paid user or someone using the service for free. This means it will take upwards of 3,500 streams of a single song on Spotify to earn $1.00 versus that same revenue for one iTunes song purchase (not to mention the fact that Spotify refuses to pay the same amount to independent artists as they pay major labels, unlike iTunes). ” |
|
If you consider that paying for Spotify premium is basically the equivalent of buying one album per month, and the top 12 artists I might be listening to are getting nowhere near 3,500 streams per month from me, it would be better for the artists if I used free Spotify for discovery (like the radio) and then used the money to purchase those favorite albums/songs (that I could then own).
Great food for thought.