whatever will the millionaires do???

  • CriticalMiss@lemmy.world
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    1 year ago

    It is important to know that artists make close to nothing on Spotify. By pirating Spotify you hurt big tech (and even not really, it’s not like they have a finite amount of money) and not the artists. Sending an artist $5 on Ko-Fi to an artist you enjoy will absolve you of all your music piracy sins for the rest of your life.

    • Dave@lemmy.nz
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      1 year ago

      And everyone blames spotify for this and uses metrics about how much per listen they pay and forgetting we used to listen to songs thousands of times on CDs we paid $10 for.

      Artists make close to nothing on spotify, but they also made jack all before spotify. Most of the money you pay goes to labels.

      Going to a show is a lot closer to putting money in an artist’s pocket, that’s how they make most of their money.

      • negativeyoda@lemmy.world
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        1 year ago

        I worked for a few labels back in the day. Bands could make money depending on if they’re discerning with who they signed with. Some indie labels split profits down the middle after costs are recouped

        Problem is each and every revenue stream is a fraction of what it used to be

    • Whirlybird@aussie.zone
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      1 year ago

      Also important to know that Spotify is a net positive for artists, even though they pay not much. The music industry is one of the very few where being “paid in exposure” actually is a valid thing. Spotify gets your music out there in front of tens/hundreds of millions of people that would usually never ever hear your music, and you’ll convert some of them to fans that will see you live in shows and buy merch. Artists make no money on cd sales either, that all goes to the labels/publishers/producers/etc.

    • Bleeping Lobster@lemmy.world
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      1 year ago

      This is not true. Artists who don’t make much money on spotify are either under very poor terms with their label / publisher, or simply aren’t generating many streams.

      For example, in my main genre trance, upper-B to lower-A artists can expect to make ~600 euros per release, minimum if it’s on a decent label, assuming it’s promoted properly and reaches the right playlists. It takes me 3-4 days to finish a track (to a high standard). That’s a pretty good return on investment imo.

      Obv the caveat is that if you don’t do very well with promo, or are on a label that doesn’t understand how to leverage playlists, then yeah you’re not going to make much.