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The change in isolation from Spotify may not impact individual bands. However if this is adopted across all the seven major streaming services, then artists can
by Shrezzing 3y ago
The change in isolation from Spotify may not impact individual bands. However if this is adopted across all the seven major streaming services, then artists can in theory have 7,006 streams per track without generating a penny of income, even though the streaming vendors have generated revenues.
If YouTube, Spotify, Apple, Tidal, Deezer, Soundcloud, and Amazon all adopt this practice, taking your edge-case artist, they're out of pocket for $3,500 per year.
That makes a situation where the more highly concentrated Spotify's monopoly is, and the less productive an artist is, the fairer the outcome for that small artist. Meanwhile the $3,500 is distributed between the monopolist, and the very large artists on the service. That's a quite uniquely perverse set of economic outcomes.