The hard truth in music (and in many creative industries) is that there's a huge oversupply (many musicians are willing to make music for free or very cheap) and demand has a low willingness to pay. The result is that there isn't much money to be made for musicians. In my mind, there's really no way around this fact. You can argue (as these folks are) that Spotify could take a smaller cut and give more to musicians.…
Justice at Spotify
331–340 of 405 posts
Re: Justice at Spotify
#332The hard truth in music (and in many creative industries) is that there's a huge oversupply (many musicians are willing to make music for free or very cheap) and demand has a low willingness to pay. The result is that there isn't much money to be made for musicians. In my mind, there's really no way around this fact. You can argue (as these folks are) that Spotify could take a smaller cut and give more to musicians.…
Exactly. And we have finite amount of time and attention. Just like the head of Premiere League in UK said E-Sport ( Gaming ) and other entertainment like Netflix are their competitors. And we have less time for music. It is not only an abundance of music, but also in other entertainment.
K-POP essentially made their music and MV for free on YouTube. While making money on tours, merchandise, and show appearance.
I sympathies for them. But their problem has nothing to do with Spotify at all.
Re: Justice at Spotify
#333So I wanted to try put this into perspective since "a penny per stream" is intentionally meant to sound insignificant. This seems like it would roughly double Spotify's costs: https://www.republicworld.com/technology-news/apps/how-much-... And Spotify is already paying out 75% of it's revenue to royalty holders: https://www.rollingstone.com/music/music-features/spotify-pr... So unless you believe that Spotify is bad…
Isn't Spotify barely making a profit? I think the real issue here is that people just don't want to pay as much for music like they did during the golden age of the CD. Most Spotify users are still on the free tier. Blaming streaming companies isn't gonna change that.
Faced with that reality, it would be interesting to know what is actually going on. Is total dollars spent on music not reflective of what artists used to make? Are there just that many more musicians than there used to be? Was it way harder to make a living making music in years past than we're giving it credit for? Are artifacts of pay-per-listen rather than pay-per-song causing a different payout distribution impacting the majority of musicians (e.g., you used to have to buy a CD to listen to a song just once)?
Re: Justice at Spotify
#334Just wondering if there are any developers on this post working with or defending the use of decentralised, music sharing, copyleft, anti-royalty, software? And if so, do you see the irony? I sincerely hope people take my question at face value, I am aware it's a big world.
Re: Justice at Spotify
#335Earlier quoted context omitted.
are you under the impression that engineers at spotify are currently going hungry and working minimum wages? As developers we are already ridiculously overpaid compared to artists. We are the ones who benefit from the shit salaries that musicians make, which is of course why people on this website don't want to hear anything about creators bargaining. It's the people here who benefit from the status quo.
> We are the ones who benefit from the shit salaries that musicians make Not really. We are just being paid enough so that we do not leave for somewhere else. The ones who really benefit are the shareholders. Coincidentally, the same people who didn't do any of the work.
This is how capitalism works though. There's no way Spotify can be expected to fundamentally change the economic system they exist in. Reversing that is heading into the realm of revolution.
Re: Justice at Spotify
#336So I wanted to try put this into perspective since "a penny per stream" is intentionally meant to sound insignificant. This seems like it would roughly double Spotify's costs: https://www.republicworld.com/technology-news/apps/how-much-... And Spotify is already paying out 75% of it's revenue to royalty holders: https://www.rollingstone.com/music/music-features/spotify-pr... So unless you believe that Spotify is bad…
According to one source [1], Spotify users stream on average 25 hours a month. Assuming an average song is 3 minutes [2], that's 500 streams per month. Going with the $9.99 per month rate, users pay about $0.02 per stream. Currently, the artists see only $0.0038 per stream, or less than 1/5th of what Spotify makes. I think that with a 50% profit margin, Spotify should be very happy. Of course, it's not that easy / st…
Re: Justice at Spotify
#337Earlier quoted context omitted.
The other issue that has been raised a number of times is that I believe the revenue is still divided up based on overall listens across the platform, which means it's dominated by artists who feature heavily in popular playlists and automation-driver radio/recommendations. These listens are often passive and should not be considered as valuable as those of someone listens only a few hours a month, but spends all of…
Aren't your listens to an indie artist still driving up their listens across the platform? It's an interesting point that Spotify's algorithms probably drive more listens to popular artists, but I think overall listen-count it still the most equitable metric.
I'm pretty sure that Netflix understands this, by the way— they know that deep-pocketed competitors like Amazon are going to eat their lunch if they try to do mass-appeal prestige shows starring A-list celebs, so they only do a few of those (enough to basically fill the homepage), while leaning hard into extremely niche content. Like, have you seen how many weird cooking shows there are on there? Or Hallmark Christmas movies? This is stuff that's harder to find elsewhere, and there are dedicated audiences on Netflix who are mostly or exclusively consuming it. If Netflix's internal accounting worked like how Spotify pays royalties, those shows would be instantly canceled in favour of new primetime-style sitcoms.
But they aren't, and I think it's because there are pools of their subscribers who will cancel the service if there isn't a steady stream of the specific content they're interested in. Thus, their subscriber $$$ go directly to funding that content, rather than into a general pot that's broken up by raw viewership numbers.
Re: Justice at Spotify
#338Re: Justice at Spotify
#339The hard truth in music (and in many creative industries) is that there's a huge oversupply (many musicians are willing to make music for free or very cheap) and demand has a low willingness to pay. The result is that there isn't much money to be made for musicians. In my mind, there's really no way around this fact. You can argue (as these folks are) that Spotify could take a smaller cut and give more to musicians.…
Exactly this. You could remove 98% of music from Spotify and people would still gladly keep paying the $10/mo because they are there for Drake and Taylor Swift.
Re: Justice at Spotify
#340Earlier quoted context omitted.
If you are an indie artist (no record label deals) and agree to Spotify's terms, how are major labels involved at all? How are they getting the payouts meant for you?
and why sign a deal or agree to terms that you don't agree to? Just don't go to Spotify?