whatever will the millionaires do????
this post was submitted on 18 Oct 2023
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Spotify pays like 0.003 per stream the fuck are you talking about? Either you are racking up millions of plays or you are straight talking out your ass. Granted taking a shitty label deal is not something to promote, but don't act like Spotify actually pays shit, because it does not....
Selling 20 albums at $10 would net around $200, getting 20 people to listen to your album on Spotify nets maybe 80 cents.....
You don't own songs on spotify, you merely license the temporary right to listen to them. Therefore the proper comparison is not album sales, it's radio plays.
Now I don't know the average rate for radio licensing, but I'm willing to bet big money that it's absolutely nowhere near $200 for 20 people listening.
Maybe radio is not as cheap as spotify, maybe not, but famously spotify is not profitable so the labels are still to blame regardless.