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What would it cost to build an alternate streaming music service with a reasonable catalog? Is there anyway to get a reasonably priced streaming license for a d
by fiddlerwoaroof 6y ago
What would it cost to build an alternate streaming music service with a reasonable catalog? Is there anyway to get a reasonably priced streaming license for a decent collection of music?
- RandallBrown 6y agoI see some articles from 2018 saying Spotify has spent 10 Billion in royalties since it started in 2006. That's a little more than 800 million per year. I'm sure if you went after smaller and indie labels, you could license a big catalog, without much music people actually want, for a much more reasonable amount.
- fiddlerwoaroof 6y agoBut that’s also based on the number of listeners: I’d assume the royalties to be a function both of listeners and songs played.