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Spotify CEO: musicians can no longer release music only “once every 3-4 years”

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Re: Spotify CEO: musicians can no longer release music only “once every 3-4 years”

#21

Artists to Spotify CEO: musicians can no longer afford to make $0.00174927 per stream.

Let's be honest. The amount Spotify/Pandora/et al pay the majority of musicians per stream is far more than they'd make selling CD's. The overwhelming majority of music is unknown, has few fans, and will never "go platinum" nor sell out stadiums - ie, most musicians are not Taylor Swift.

For all those artists... access to millions of potential listeners from around the world is an amazing advancement.

The number of artists I've discovered, personally, through Pandora's recommendation system is staggering. I'd never know about these artists in a pre-streaming world.

Re: Spotify CEO: musicians can no longer release music only “once every 3-4 years”

#22

I used to work in the music industry professionally, on the ground level doing booking and management. This trend has been happening slowly for nearly a decade but it’s finally here. Rap and Hip Hop figured out a long time before most other genres that rapid small releases was a far better way to keep hype and sales up. Before Spotify was a thing, the shift was happening with YouTube but it wasn’t as predominant. Now…

Korean pop music has been doing this for a while too. This group has pretty rapid releases, 5 singles a year, and 10 EPs and 3 albums since 2015. https://en.wikipedia.org/wiki/Twice_discography

Re: Spotify CEO: musicians can no longer release music only “once every 3-4 years”

#23
post #3

That's a strange stance. I assume there are a fair number of listeners that don't care to listen to anything new. Is there some business benefit to Spotify by artificially forcing churn?

It’s not about listening to something new; it’s about the wave of hype and promo you do around each release, it keeps you relevant and gives you something to talk about, keeps you fresh in peoples minds.

There must be a niche for artists who record so rarely that each of their albums is accompanied by a 10000-word thinkpiece in the New Yorker.

Re: Spotify CEO: musicians can no longer release music only “once every 3-4 years”

#25
post #12

I used to work in the music industry professionally, on the ground level doing booking and management. This trend has been happening slowly for nearly a decade but it’s finally here. Rap and Hip Hop figured out a long time before most other genres that rapid small releases was a far better way to keep hype and sales up. Before Spotify was a thing, the shift was happening with YouTube but it wasn’t as predominant. Now…

> The music isn’t your product, the music is your marketing. The shows, the merch, your influence - that’s your product. Man, that's depressing.

I think it could be depressing if we think of "your product" as "the most important part of what you do". But we could also think of it as "the thing that you need to make money from". If the music itself isn't the thing that you need to make money from, then instead of charging a bunch for it, now you want to spread it as widely as possible as cheaply as possible. That's a good thing!

Re: Spotify CEO: musicians can no longer release music only “once every 3-4 years”

#26
post #12

I used to work in the music industry professionally, on the ground level doing booking and management. This trend has been happening slowly for nearly a decade but it’s finally here. Rap and Hip Hop figured out a long time before most other genres that rapid small releases was a far better way to keep hype and sales up. Before Spotify was a thing, the shift was happening with YouTube but it wasn’t as predominant. Now…

> The music isn’t your product, the music is your marketing. The shows, the merch, your influence - that’s your product. Man, that's depressing.

[deleted]

Re: Spotify CEO: musicians can no longer release music only “once every 3-4 years”

#28
Sounds like he's trying to redefine the music industry. Seems like most artists have a 5 year window, likely in their 20s where they'll produce something resonating with the current generation(s) and after that the younger clientele will be looking for something to define their own thing as well as the artist scratching around for some inspiring material. Generally of course. I take the position that most artists are in that bracket but exceptionally talented musicians have a longer lifespan.

Of course, a platform wants people to keep strutting out stuff on their own platform.

As for royalties from Spotify, perhaps an issue of the middlemen required and not required. I remember chat about the web being a great evener on this front where independents could strut their stuff and virality would take care of the rest.

Apparently convenience and one platform, as with so many things on the web trumps everything else.

Re: Spotify CEO: musicians can no longer release music only “once every 3-4 years”

#29
post #21

Artists to Spotify CEO: musicians can no longer afford to make $0.00174927 per stream.

Let's be honest. The amount Spotify/Pandora/et al pay the majority of musicians per stream is far more than they'd make selling CD's. The overwhelming majority of music is unknown, has few fans, and will never "go platinum" nor sell out stadiums - ie, most musicians are not Taylor Swift. For all those artists... access to millions of potential listeners from around the world is an amazing advancement. The number of a…

That's a very bold claim to make without any data.

Re: Spotify CEO: musicians can no longer release music only “once every 3-4 years”

#30
post #17

COVID-19 is going to completely wreck the music business and the spotify guy is right: only endless social media campaigns with procedurally-generated soundtracks will survive in the future.

people enjoy music for various reasons but there are a few deep ones: beauty and live

no system can replace a good live concert, it's a high grade experience (sometimes religious even)

if the music industry goes toward absurdism, the "customers" will just find the real drug elsewhere

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