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> If you pay for Spotify rather than hacking it, you're really not supporting artists financially very much, right? The majority of your money goes to the arti
by bhelkey 3y ago
> If you pay for Spotify rather than hacking it, you're really not supporting artists financially very much, right?
The majority of your money goes to the artist/right holder, "[Spotify has] an approx revenue split of 70/30 - so that’s 70% to the artist/rights holders and 30% to Spotify."[1]
[1] https://dittomusic.com/en/blog/how-much-does-spotify-pay-per-stream/#:~:text=Spotify%20pays%20artists%20between%20%240.003,holders%20and%2030%25%20to%20Spotify https://dittomusic.com/en/blog/how-much-does-spotify-pay-per....
- john-radio 3y ago70%/30% doesn't sound bad, if true; that's comparable to what Bandcamp was acclaimed for their fairness in paying their artists, if I recall correclty. I wonder what the "trick" is (if any), because I have to doubt the reality of that number. If you know and talk to musicians, it's almost absolutely unanimous that nobody ever earns a dime from any streams even if you are really popular on their platform.
- bhelkey 3y agoSpotify is a public company. They publish their financials.[1] [1] https://www.statista.com/statistics/370618/spotifys-cost-of-goods-sold-share/ https://www.statista.com/statistics/370618/spotifys-cost-of-...