4 ms·
> In my new system, they now make £10. I am not sure how this works in regards to economies of scale. However all artists are free (except for contractual agre
by HeyZuess 6y ago
> In my new system, they now make £10.
I am not sure how this works in regards to economies of scale. However all artists are free (except for contractual agreements) to release their art independently and keep the whole pie.
Let's take your £10. Now spotify has operational costs, staff salaries, operational costs. How much is your £10 worth now?
Well its not actually too hard to work out you could take a look at the balance sheet. But I gather your £10 is worth quite substantially less.
This does not include any further cuts like for the record label, song writers, produces, marketing etc.
TL;DR; your £10 is not worth £10 if you factor in other overheads.