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Spotify is gaining leverage over record labels

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Re: Spotify is gaining leverage over record labels

#161
post #103

Earlier quoted context omitted.

If you are completely independent the amount you get per play (before your distributor - e.g. CDBaby - takes a cut) is $0.006 - $0.008. If we say you get the max per play and you're a one person act (not a band) you need about 250,000 streams to make $2000 (just about enough money to live on). Obviously you have other ways to generate income (merch, touring) but even getting anywhere near that number of monthly strea…

If I understood it correctly about 50% (old and perhaps quite obsolete figure) of the monthly fee goes to labels and artists. That sounds reasonable to me, and given that that means roughly $5 goes directly to labels and artists from my subscription. A Spotify subscription is more than I have ever paid for music, even half of it is - and the moment I stop my subscription I loose access to all of it. To me it sounds l…

If I understood it correctly about 50% (old and perhaps quite obsolete figure) of the monthly fee goes to labels and artists

Yes, but which labels and artists? There is a notion that people have that when they listen to Spotify, Spotify takes their $10/mo and divides it up among the artists that they've listened to. That's not how it works. Spotify takes the money, puts it into a giant pool and divides it up globally based upon total number of plays.

So, for example, let's say I'm a huge fan of Portugal, The Man. I listen to them, and only them, all day, every day. That doesn't mean that they get my $10 a month. They get paid in proportion to what percentage they are of the total number of Spotify plays. If I'm the only one listening to Portugal, The Man, then they're not going to be a high percentage of total plays, and they're not going to get even $10 for the month.

Meanwhile, lets say that Kanye West drops a new album, and he skyrockets to 60% of all listens. He's going to get 60% of the money, even from people like me who haven't listened to any of his music during the month.

Now, you might argue that this is a fair solution. But it does explain why a lot of smaller artists (and big names too, like Taylor Swift as mentioned above) are very wary of Spotify.

Re: Spotify is gaining leverage over record labels

#162
post #64
post #62

Earlier quoted context omitted.

> Bandcamp offer that too. Bandcamp is an online music store, not a music discovery service. > Nothing from the above requires DRM. Correct, however there's nothing currently out there that compares to spotify which is my original argument. What you described as "the benefits of DRM-free media.", I've described as "the current inconvenience of DRM-free media.". Maybe in the future there will be a DRM free service tha…

Not sure what stops you from searching for something. All stores have good search functions. What other discoverability do you need? All of the above is again completely orthogonal to streaming or not streaming.

> Not sure what stops you from searching for something. All stores have good search functions.

Searching a store for music and spotify's music discoverability are not really the same thing.

Searching a store for music is like going to a bookstore, going into a genre you think you might like and then picking out a book, buying it, getting it home and finding out you don't like it, double disapointment in that you've just lost money buying something you didn't like. That's a problem spotify solved.

> What other discoverability do you need?

Spotify's discoverability is like having a librarian who has read millions of books and has seen the thousands of books you've read, then personally handing you a book there's a good chance you'll like.

On top of this you're able to read it right then and there, if you don't like it she hands you another one to check out, and another, and another, all of those based on your personal tastes with a high success chance you'll like it.

I came into this like you with a mindset of "My tastes in music aren't mass market", that must be why I struggle to find good new music, but turns out I had a problem finding it. You can see from my last.fm that in all of 2008 I had listened to 128 artists at least once, last week alone I listened to 187 artists.

It's hard to convey just how good spotify is, music discovery personanlised for you and all the music you do like, delivered in under 200ms, at a fixed cost per month that plays on all the devices I have (even my work PC) without the need to transcode, upload, download, move/copy/manage or do any work on my behalf.

Does this suggest someone can't do the above with DRM free media? No. But just like a vegan burger that tastes amazing that service isn't out there right now.

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