this post was submitted on 02 Dec 2023
368 points (100.0% liked)
Technology
39742 readers
458 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Some context is that this is Spotify's first profitable quarter in quite a while. Also, there are 11 million artists on Spotify. I won't pretend to have any data on listening distribution, but even naively and stupidly going with a uniform split, that's of course $5 per artist if you eliminated Spotify's profit entirely. In reality, most of those will have next to no listeners, and the vast majority of streams are going to the top several thousand.
The deeper question to ask is where all the streaming revenue is actually going, and the answer to that isn't to line Spotify's pockets; it's to the labels.