Streaming platforms start to lose money if you listen to more than 57 hours of music per month.
Here's the math:
5/0.00437 * 3 / 60 = 57
5 dollars for the monthly subscription, divided by average pay out per stream to artist, times average song length of 3 mins, divided by 60 to get 57 hours.
If you pay 10 dollars then you have to listen to 114 hours.
It is actually going to be less then that, since this is calculated using pay out per stream to artist, and their "actual" pay out per stream (aka pay out to music label) is going to be larger than that. @safe do you know how the pay out per stream is distributed?
So looking at my spotify recap, I listened to 52,000 mins so 866 hours of music, so 72 hours per month, since I pay 5 dollars per month, causing spotify to lose money
ok
revelations itt
iirc Spotify and Apple Music take around 30-40% of revenue off rip
Then all of the remaining 60% is essentially put into a pool and fished out proportionately based on an artists streams (e.g if The Weeknd has 300m streams and there’s 10bn total, then he will get 3% of that 60% because 300/10bn is 3%)
Also, are you trying to make people pay more for streams or what
Mods, shut down this thread
how are u making them lose money when ur literally paying them
he explained it perfectly in op read damn
OP this doesn't work unless every user on spotify or AM does this. In order to make them lose money, you need to make up for all the users who aren't listening to 57 hours/month.
I don’t think they’re losing money tho, doesn’t the artist/label have to pay to get the music up?
I don’t think they’re losing money tho, doesn’t the artist/label have to pay to get the music up?
no but spotify's new feature will allow artists to give up their royalties in exchange for a better spot in their playlists which is complete bs
iirc Spotify and Apple Music take around 30-40% of revenue off rip
Then all of the remaining 60% is essentially put into a pool and fished out proportionately based on an artists streams (e.g if The Weeknd has 300m streams and there’s 10bn total, then he will get 3% of that 60% because 300/10bn is 3%)
wait wdym they take 30-40 percent of revenue off rip? Cause techinically there is actually no revenue made per stream by AM or spotify, since their revenue is what ever the monthly subscription is. And every payout per stream is just a cost.