so spotify has a net income of negative €186,000,000 so i dont think a few more dollars in the red will change anything

I think essentially of that revenue they take a 30% cut before starting to distribute it out based on streams

just trying to highlight AM/Spotifys kind of flawed business model. And yes if you wanted the artist to get richer then inevitably we'd have to pay more

yea wanted to invest in spotify so doing some a***ysis, and found this hilarious

yes, but if you individually listen to more the 57 hours then you are costing them money

damn then how do artist even make money?

Make a thread about how to earn money with spotify, I need to know

honestly i can see why they want to pivot away from music and more into podcast

How come they're already losing money if it takes that much

I’m trynna get money tho

I just looked and I did 126 hrs per month last year on a $5 subscription... ☺️

they hope that by being on playlists they'll get more plays for cheaper and get more

instead of getting 1000 plays for 0.007$ they'd get 5000 plays for 0.003$ or something like that

but since big labels have the budget to do this and smaller artists dont, you'll either see drake on every playlist where there used to be more lowkey acts

or everybody will accept to give up their royalties and it will cancel itself out except artists will get even less

they make money from merch and shows but in a pandemic that's not happening

developing cost, hosting server cost, management cost, ads... honestly a lot of ways to lose money

give it a rest lad

ohh okay so its not exactly that they are gonna get 0 royalties but just a heavily reduced one.

I find it strange how Spotify vs Netflix is actually so different. I dont think it is possible for artist to be exclusive only one platform, eg drake's views was only exclusive for a week. like do you think its possible in the future ppl would both be on AM and spotify, like they are for netflix and disney. I dont think it is, i feel music is much more commoditied then movies and TV. So people aren't willing to pay as much for it.

On a second note, do you think it is possible for spotify and AM to replace music labels. Cause if you think about it now days most artist can just do promotion by them selves on social media, and if they manage to get into one of the playlist thats the best type of promotion. Really leaving music label as the useless middle man

I think exclusivity for music rn hurts artists/labels so not gonna happen soon

But I do think in time these DSPs are gonna start to act as labels and at that point exclusivity is incredibly likely to happen

you’re giving them buckets of data on the flip side, going to their algos and such. no idea why you think it’d be a negative to Spotify. that’s why they have a free version beside ads.

Yes!!! Make them lose money by.... using their service more?

The data is only worth money if you can make money off it. The data that they collect is just used to better retention, and if you stay on the platform long enough and listen to enough music they lose money. Unless somehow someone finds a way to use your music listening history to sell you products I don't think the data they have is that much more valuable.

Yes

I listen to like 100+ hours of music a month, like it's constantly going

spotify reading this as we speak and raising the prices, thanks op