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I think GPs point is, given their streaming habits and what Spotify charges, it’s not possible to pay 1cent per stream on average. Though my math would be slig
by r3trohack3r 5y ago
I think GPs point is, given their streaming habits and what Spotify charges, it’s not possible to pay 1cent per stream on average.
Though my math would be slightly different.
Assuming:
* 3 hours (180 minutes) per day
* 30 days in a month
* $10 subscription
* 3.5 minute average song length
180 * 30 / 3.5 = 1543 streams per month
$10 / 1543 = $0.0065 per stream
So for a listener listening on average 3 hours per day, if Spotify gave away 100% of what they charged the user, they’d still only be able to pay an average of little over 1/2 a cent per stream.
No matter how you distribute that money, unless you charge the user more, there isn’t a way to pass on an entire cent per stream to every artist from that users subscription.
- nivenkos 5y agoYeah, to achieve that you're looking at a minimum of $25+ per month, and probably more like $60 once you take in to account payment processing fees, the service overhead, label overhead, etc. And despite all the virtue signalling, there is no way the majority of users would be happy to pay an average of $60+ a month to stream music.