Spotify doesn't make profit from music streaming, despite having over 400M monthly active users, because it pays two-thirds of all its revenue to the rights holders. - eviltoast
  • GenEcon@lemm.ee
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    1 year ago

    Even if you are starting out thousands streams is nothing. I have a few friends who have a band. Its really small, basically everyone who listens to them knows them personally. They have 20 monthly listeners, but almost all of their songs on their own have 1.000 yearly streams – because Spotify puts them randomly into their automatically generated playlists.

    Meanwhile kicking all the ‘bands’ out with less than 1000 streams allows them to pay the rest more.