Weeknd should have a production company by now 🤔needs to get on that if he doesnt

A penny per stream is 10k per 1 million plays. That's honestly not that bad. Most independent artists would be feasting off that.

I do YouTube and I don't get anywhere close to 10k for 1 millions views

That’s why I never agreed with people calling Travis a sellout for doing a bunch of endorsement deals. Get your money if you can get it

AM, spotify, etc. makes enough money to put more into streaming to pay artists fair share
itll obviously never happen but ffs its bullshit

I'll learn some grammar and you can go learn some logic and economics and buisness.

Here I'll start the crash course of business for you:

First, business need to make profit. Profit = revenue - cost.

Second, there is two ways a business can increase profit. Either by rasing revenue or by cutting cost.

Now that you know 2 key principles of business, here are some questions you can think through yourself.

Currently apple music is 10 dollars per month. If pay for stream is 50 cents, that's a total of 20 songs per month, before Apple starts to lose money. That means in a month, a customer can only listen to 20 songs at the current price they pay.

How many songs you listen to a day? If you listen to more than 20 songs a day, are you willing to pay 300 dollars per month for music subscription?

If you aren't willing to pay for it, who is?

And last point for you to remember, businesses are not a charity.

Weren’t y’all s***ting on Tidal which literally marketed itself as being better for the artists?

🤔🤔🤔🤔🤔

Tidal is being investigated for faking streams variety.com/2020/digital/global/tidal-jay-z-beyonce-data-fraud-investigation-in-norway-1234631663

you can’t just play your own s*** on repeat?

Bro you don't have to see breakdown of costs to get a picture of business. Just divide subscription price by pay per stream, that's how many songs one can listen to.

At current price of 1 cent per stream and 10 usd that's 1000 songs. Roughly 33 songs a day.

Tbh this whole business is terrible, there's no economy of scale. That's why Spotify is trying to pivot to podcasts.

Might have to delete my post encouraging this scheme

So let me get this straight, a business should slash spending on what could help them make money (promo) and should instead pay people more. I see why you aren't a CEO anywhere.

Yeah you can. As long as it's a legit play there's no issues.

Tellem Hov said men lie, women lie, numbers don’t

YOUNG

Still 10k after a mil

plus revenue from spotify/soundcloud/youtube/etc

independent artists are living. No wonder Autumn and them living good

They aren't going to go after you unless you're pulling in a lot of money. Also the spotify method is not that easy anymore because they are removing "any" song they detect are using fake streams although this only applies to independent releases and not major releases.

They did a huge purge of songs in January. omarimc.com/750000-songs-were-removed-from-spotify-in-2021-the-truth-about-why/#:~:text=Spotify%20recently%20removed%20over%20750%2C000,to%20fight%20artificial%20streaming%20numbers.

Iirc Spotify has never made a profit so I’m curious to see the breakdown.

These artist gotta strike and get paid.

lol I didn’t think they were gonna take action, I already pulled the songs and Spotify wasn’t the only service I used. L for the people who had their songs removed

I wonder if they’ve taken steps addressed the copyright infringement epidemic - unofficial remixes, leaks under fake names and the like. I sure hope they don’t, that means a lot of chopped up remixes are being taken down

imagine if they paid 4 ktt posts 😔

Stream chimp1 on as many devices as you can while you sleep

If I remember correctly neither service has made an annual net profit (open to new information if this has changed)

I can’t reliably say whether or not the capital exists within those platforms for that.

I do agree there has to be a better way to support artists which I why I try to buy their albums when I can

I hope you made some money off it On to the next method.

They publicly traded bro, just google Spotify 10k (annual report) and scroll to the income statement or statement of operations and you'll find what you want.

Payout per stream should just be under cost of goods though. Although server cost would actually be in there too.

I was actually more curious about the granular breakdown of cost of hosting and content transfer in the cloud on Google cloud platform and how scalable it is for that kind of service

I used to use intricately.com but I don’t have a business account for that anymore.

I’ll loook up those statements tho and see what I can dig up, thanks