3 ms·

Isn't Spotify barely making a profit? I think the real issue here is that people just don't want to pay as much for music like they did during the golden age o

• deleted 6y ago
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• hansvm 6y ago
  Last I checked that wasn't exactly the problem, at least not by itself -- even accounting for inflation we're spending several times more per capita per month on music than we used to "during the golden age of the CD." Moreover, a much higher percentage of that revenue is actually going to artists than in years past. Faced with that reality, it would be interesting to know what is actually going on. Is total dollars spent on music not reflective of what artists used to make? Are there just that many more musicians than there used to be? Was it way harder to make a living making music in years past than we're giving it credit for? Are artifacts of pay-per-listen rather than pay-per-song causing a different payout distribution impacting the majority of musicians (e.g., you used to have to buy a CD to listen to a song just once)?
  • FalconSensei 6y ago
    I think focusing on cents per stream is a bit complicated. In the end, are artists making more or less money than before? Because before people would record songs from the radio on tape and listen to those. They would buy used CDs, pirate. Radio would stream the song, but you didn't know exactly how many people were listening. I used to spend $0 on music. Now I have spotify duo for me and my wife. I also started buying vinyl records, but my bet is that the artists makes way less money from my vinyl collection than from my Spotify account