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| Topic | Spotify ripping artists |
| Yellow 12/27/18 4:21:58 AM #23: | Ok, my math was wrong. https://www.cnbc.com/2018/01/26/how-spotify-apple-music-can-pay-musicians-more-commentary.html These days, millions of listeners flock to streaming services to enjoy music that is either advertisement-supported or subscription based. Americans listened to an average of 32 hours per week in 2017, and that number is only rising. 32 hours a week is 1920 minutes a week 1920 minutes a week / 4 = 480 songs a week 4.34524 weeks a month * 480 songs = 2085 songs a month $12.51 monthly payout from Spotify, apparently operating at a loss. (Monthly subscription is $10) Spotify, for example, is still losing money, despite growing 40 percent a year. Makes sense. This point is the real culprit. record labels that can take as much as 70 percent of the money royalties. And celebrity artists are still making a shitload of money. Who cares. Nerd corner. This topic was itching my OCD. --- ... Copied to Clipboard! |
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