2 ms·
> Even if you only listen to one artist, 8 hours per day, 365 days a year, they will earn a whopping... 100 bucks from Spotify. Is that not reasonable? I mean
by ajross 3y ago
> Even if you only listen to one artist, 8 hours per day, 365 days a year, they will earn a whopping... 100 bucks from Spotify.
Is that not reasonable? I mean, obviously this number represents a market price point: the system has reached an equilibrium where the "aggregate value" of being able to listen to music full time is $100/year (plus or minus all the confounding factors like who bears it and how it's distributed, etc...).
Is $100/year wrong? That is, after all, right about the price of the subscription you're likely paying already. So... it sounds right to me? What's the mechanism you are imagining where customers paying for subscriptions of that order somehow produce payments to the artists that are significantly higher?
I think a lot of the disconnect here is that the idea of "music revenue" is different in today's world than it was in the days of the 70's rock star. People used to pay a lot more for music! But they don't anymore, and all the parties take a hit, not just Spotify/Apple/et. al.