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Can’t they sum their earnings? After reading the article, it’s unclear if they are complaining of msking too much ot too little.
by hartator 8y ago
Can’t they sum their earnings? After reading the article, it’s unclear if they are complaining of msking too much ot too little.
- gxigzigxigxi 8y agoThey do sum it up. $5k for 1M streams. Which is reasonable or not compared to CDs depending on your assumptions. Let’s say a CD has ten tracks and the average buyer plays a CD five times. That’s fifty streams per buyer. One million streams yields twenty thousand CD buyers under this assumption. CDs are $10 (or were the last time I bought them ages ago). That means $200k gross, but the band would probably not see more than 20% of that at the most optimistic. Still, $5k is a lot less than $40k. But if you double the number of plays a typical CD buyer would listen, and halve the band’s cut, you’re suddenly in the same neighborhood. You also have to factor in that many Spotify streams are not full track listens.
- jsjohnst 8y agoLast time I heard a number, bands got a single digit percentage of the sale of a CD. Edit: Quick web search shows I’m right. https://bandzoogle.com/blog/record-sales-where-does-the-money-go https://bandzoogle.com/blog/record-sales-where-does-the-mone...
- gxigzigxigxi 8y agoThanks. So if the artist is both the performer and the writer, they get about ten percent. So that’s one power of two accounted for. I think my assumption about the typical number of CD listens is also quite conservative.
- jsjohnst 8y agoI agree, I think it was conservative. So your root point appears valid.
- bestskiieronthe 8y agoTotal number of streams: 1,023,501 Total revenue: $4,955.90 Specific time period accounted: 10/15/2013 – 2/15/2013
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- sanketskasar 8y agoTotal number of streams: 1,023,501 Total revenue: $4,955.90 Specific time period accounted: 10/15/2013 – 2/15/2013 (March, April, May periods not yet reported; estimated) Average per-stream payout: $0.004891 They couldn't be any more explicit.