• SamuraiBeandog@lemmy.world
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    10 hours ago

    I’m still getting a ridiculous amount of value from Spotify

    If only the same could be said for the artists you’re listening to…

    • ikt@aussie.zone
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      9 hours ago

      In 2024, Spotify alone paid out a record $10 billion to the music industry—totaling nearly $60 billion since our founding.

      https://newsroom.spotify.com/2025-01-28/on-our-10-billion-milestone-and-a-decade-of-getting-the-world-to-value-music/

      You have to remember that prior to Spotify the music industry was desperate, as people turned to downloading mp3’s illegally the music industry basically just resorted to suing people who potentially downloaded a song.

      I’m also very highly sceptical of this whole article, from the crappy accounting to

      Lidarr is just a tool. Like any tool, it can be misused. Yes, people could point it at less-than-legal sources

      My setup uses sabnzbd integrated with Lidarr for handling downloads of content I’ve purchased

      Riiiiiight.

      You’re just hooked up into a piracy platform that pays artists nothing by coincidence.

      On top of this:

      In 2024, more musicians are making and releasing music than ever before. In fact, a new report has found that more music is released in a single day now than in the entire year of 1989.

      Music simply isn’t a high value product anymore, the market is flooded, there is more music coming out per minute now than you can listen to.

      But it’s all good, I’ll keep paying for Spotify because Spotify pays all the artists I listen to.

      • SamuraiBeandog@lemmy.world
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        9 hours ago

        The standard payment to an artist on Spotify is “$0.003 to $0.005 per stream”: https://simplebeen.com/artists-make-on-spotify/

        That is basically nothing for any artist that isn’t in the top tier of mainstream success.

        prior to Spotify coming along the industry was in decline as downloading MP3’s on torrents and file sharing programs was the norm

        You’re essentially pirating music by using Spotify, you are not paying the artists that you listen to in any meaningful way.

        • ikt@aussie.zone
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          8 hours ago

          That is basically nothing for any artist that isn’t in the top tier of mainstream success.

          Did you not read your own article you linked to?

          • 1,000 monthly streams ≈ $3-5 (enough for a coffee)
          • 10,000 monthly streams ≈ $30-50 (could cover your streaming subscription)
          • 100,000 monthly streams ≈ $300-500 (now we’re talking meaningful income)
          • 1,000,000 monthly streams ≈ $3,000-5,000 (potentially livable wage depending on your location.

          https://simplebeen.com/artists-make-on-spotify/

          You’re essentially pirating music by using Spotify

          As above, you can see the payout rates in the article… a liveable wage on just Spotify alone is not equivalent to piracy which pays artists nothing, this is on top of Apple Music etc

          In 2024, Spotify alone paid out a record $10 billion to the music industry—totaling nearly $60 billion since our founding.

          10 billion in a year is not piracy (which is $0), are you the author of the article?

          • errer@lemmy.world
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            7 hours ago

            You have to consider that most musical acts are NOT solo acts. Split that $5k a month between a band of several people and it’s not livable anymore. I think you have to be up in the several million listens range to have it be “livable.” That also assumes you maintain that level of interest indefinitely.

            • ikt@aussie.zone
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              6 hours ago

              that’s just spotify, i assume you would also have youtube, apple music, and bandcamp and also do live performances on top

              it’s never been easy to make money in music, these guys will tell you:

              https://m.youtube.com/watch?v=g-qkY2yj4_A

              and that was the 70’s, as mentioned earlier:

              In 2024, more musicians are making and releasing music than ever before. In fact, a new report has found that more music is released in a single day now than in the entire year of 1989.

              the market is flooded, you’ll need to really put a lot of effort in to break out

    • FreedomAdvocate
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      6 hours ago

      Spotify gets artists music and name out there to hundreds of millions of people, people who become fans and buy their merch and go to their concerts - that’s where artists make music, NOT from album sales. The music from album sales basically all goes to the label and all the partners.

      Spotify is good for artists.