whatever will the millionaires do????
this post was submitted on 18 Oct 2023
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Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ
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It's actually the lables that are ripping off the artists.
Spotify isn't profitable. They're constantly losing money
As is tradition.
The core service which is music streaming will never be able to make spotify profitable. The problem which podcast is that they are badly integrated in spotify, it should be a seperate app instead
Not all artists have labels, there are a lot of independents and getting 0.001 cents per play from Spotify is basically robbery compared to what sites like SoundCloud will pay per stream...
I'd like sources for these claims. What I've found online as average:
Soundcloud 0.0025 - 0.004$ per stream
Spotify 0.003 - 0.005 per stream