2 ms·
i liked the idea because it implies there could be an unlimited number of new art projects that can drive new streaming revenue of back catalog music. then I s
by motohagiography 2y ago
i liked the idea because it implies there could be an unlimited number of new art projects that can drive new streaming revenue of back catalog music.
then I saw the $0.003-0.005 per stream figure on spotify, and so your max upside for getting 1M plays is $50. At $50/M 10M plays might buy 1 dinner for the band.
they actually make more selling the teddy ruxpins. maybe someone had a warehouse full of them and this clears them?
- phonon 2y agoThat's $3,000 to $5,000 per million. Or did you mean the Roman M?
- motohagiography 2y agowalked right into that, as was thinking in terms of fractions of a cent instead of fractions of a dollar.
- snickerbockers 2y ago3 * 10^-3 * 10^6 == 3 * 10^3 == $3000 per million streams, not $30.
- bitwize 2y agoThey are only offering one Teddy Ruxpin.
- vessenes 2y agoTo be clear, this is a raffle, and there are limited editions of each item. There is no way this is going to make money directly - it’s a fun fan engagement give away, and super creative. If I win one of 100 game boy cartridges, I will pay $39, which is probably close to the unit cost of making them, and will never pay back the software engineering time to create the cartridge. I assume most of the items are like that.