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Way to go Spotify, you paid more for that advertising space than you did to the artist for streaming their their content to your users. Using someone else's ar
by bogomipz 9y ago
Way to go Spotify, you paid more for that advertising space than you did to the artist for streaming their their content to your users.
Using someone else's art as a surveillance marketing tool? Wow that's gross even by the music industry's low standards. Congrats, you've really made it!
- daenney 9y ago> Way to go Spotify, you paid more for that advertising space than you did to the artist for streaming their their content to your users. How do you know what they paid? > Using someone else's art as a surveillance marketing tool? They're not using someone else's art for these statistics.
- bogomipz 9y ago>"How do you know what they paid?" It's well known that artists get paid less than 1 cent for a stream [1]. Do the math with the figures they mentioned in those ads. Now look at the ad rates for the New York City subway stations.[2] >"They're not using someone else's art for these statistics." When you are an artist and you write songs, those songs belong to you. So yes they are using somebody else's art. [1] https://www.spin.com/2013/12/spotify-details-royalty-payouts-cents/ https://www.spin.com/2013/12/spotify-details-royalty-payouts... [2] http://nymag.com/nymetro/news/people/columns/intelligencer/15156/ http://nymag.com/nymetro/news/people/columns/intelligencer/1...
- JumpCrisscross 9y ago> artists get paid less than 1 cent for a stream Spotify pays 70 to 85% of its revenues to music labels as royalties [1]. The problem isn’t with Spotify. It’s in the contracts between the labels and artists. [1] https://www.musicbusinessworldwide.com/spotify-revenues-topped-2bn-last-year-as-losses-hit-194m/ https://www.musicbusinessworldwide.com/spotify-revenues-topp...
- bogomipz 9y ago>"The problem isn’t with Spotify. It’s in the contracts between the labels and artists." That's the convenient lie - "Oh we have nothing to do with that, that's between the record label and the artist." The overwhelming majority of Spotify users are free tier users(90 million) not paid users(50 million.)[1] Ad supported streams pay out an even worse royalty rate to artists than the paid user tier royalty rates. And that free tier rate appears to be declining as well.[2] Spotify's business model depends on converting those free tier users to paid users - that's the funnel. So yes Spotify very much depends on this awful arrangement between the record label and artist. [1] https://venturebeat.com/2017/06/15/spotify-announces-140-million-users-as-its-paying-subscription-base-approaches-40/ https://venturebeat.com/2017/06/15/spotify-announces-140-mil... [2] https://www.digitalmusicnews.com/2017/05/16/spotify-audiam-low-rates/ https://www.digitalmusicnews.com/2017/05/16/spotify-audiam-l...
- bkor 9y agoIf Spotify gives 70-85% of their revenue to the rights holder then why do you call this a lie? Please explain.
- bogomipz 9y agoDid you read the rest of what I wrote? Because the rest of what I wrote explains exactly why this is a lie. Paying out 75 cents on the dollar does not mean they aren't propping up that corrupt system. Spotify likes to repeat this line about payouts as if it absolves them from any blame in a system where artists can't make money from their recordings.
- JumpCrisscross 9y ago> Paying out 75 cents on the dollar does not mean they aren't propping up that corrupt system So...anyone listening to music is "propping up that corrupt system"? If so, that's a nifty moral framework you've got there? Not very practical, though, if it sorts everything into the "bad" pile.