So 1M Streams gave them $5000 dollars, Over 4 months.
Still not entirely sure how this business will work out.
My Band Has 1M Spotify Streams. Want to See Our Royalties? (2016)
11–20 of 86 posts
Re: My Band Has 1M Spotify Streams. Want to See Our Royalties? (2016)
#12Can’t they sum their earnings? After reading the article, it’s unclear if they are complaining of msking too much ot too little.
They do sum it up. $5k for 1M streams. Which is reasonable or not compared to CDs depending on your assumptions. Let’s say a CD has ten tracks and the average buyer plays a CD five times. That’s fifty streams per buyer. One million streams yields twenty thousand CD buyers under this assumption. CDs are $10 (or were the last time I bought them ages ago). That means $200k gross, but the band would probably not see more…
Last time I heard a number, bands got a single digit percentage of the sale of a CD.
Edit:
Quick web search shows I’m right.
https://bandzoogle.com/blog/record-sales-where-does-the-mone...
Re: My Band Has 1M Spotify Streams. Want to See Our Royalties? (2016)
#13So 1M Streams gave them $5000 dollars, Over 4 months. Still not entirely sure how this business will work out.
Which business? Spotify or music careers? Do we consider 1M streams worthy of a "living?" Why?
Re: My Band Has 1M Spotify Streams. Want to See Our Royalties? (2016)
#14So 1M Streams gave them $5000 dollars, Over 4 months. Still not entirely sure how this business will work out.
1250$ per month, 41$ per day. 20 per day per capita (it's a band so at least 2 persons ?). I know some hobos that make more by asking for pennies(granted you have to do that all day every day). Jokes aside, maybe they should just play outside and in bars they'll have more fun and probably as much money.
Re: My Band Has 1M Spotify Streams. Want to See Our Royalties? (2016)
#15Streaming is not work. Concerts are work. This is more than fair money for what they did.
Re: My Band Has 1M Spotify Streams. Want to See Our Royalties? (2016)
#16How does Tidal compare in terms of paying artists
Re: My Band Has 1M Spotify Streams. Want to See Our Royalties? (2016)
#17How much revenue does Spotify generate for the 1M streams?
Re: My Band Has 1M Spotify Streams. Want to See Our Royalties? (2016)
#18How does this ($4990) compare to youtube's 1M views? Perhaps $500?
But YouTube, at least the popular video platform, is not meant for publishing songs and is doesn't claim that either. Spotify's sole business is dependent on music and claims to be benefit artists.
But many people use YouTube as their music jukebox. Why is it that Google should pay significantly less for this?
Re: My Band Has 1M Spotify Streams. Want to See Our Royalties? (2016)
#19People still seem to be stuck quantifying the value of music (sales, streams, etc) against a time when there was less saturation and the actual cost of producing, marketing and distributing music was much higher.
Well yes, because that was a time when musicians could earn a living. It's legitimate to question the current situation.
Re: My Band Has 1M Spotify Streams. Want to See Our Royalties? (2016)
#20I feel like it's a false analogy to compare Spotify Streams to CD sales. For a fairer comparison, you should measure against something more ephemeral.
The biggest radio channels in the US have a few million listeners each. Let's say your record does ok, and gets airtime on a few second-tier radio stations. For easy math, let's do 20 plays * 50,000 listeners per play. This also gives you a total of one million listens.
I would be _extremely_ surprised if they would net much more than $5000 from these radio listens.