The core service which is music streaming will never be able to make spotify profitable. The problem which podcast is that they are badly integrated in spotify, it should be a seperate app instead
Not all artists have labels, there are a lot of independents and getting 0.001 cents per play from Spotify is basically robbery compared to what sites like SoundCloud will pay per stream…
I’m sure Spotify is paying the artists very fairly and totally not robbing them of their labour.
It’s actually the lables that are ripping off the artists.
Spotify isn’t profitable. They’re constantly losing money
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The core service which is music streaming will never be able to make spotify profitable. The problem which podcast is that they are badly integrated in spotify, it should be a seperate app instead
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As is tradition.
Not all artists have labels, there are a lot of independents and getting 0.001 cents per play from Spotify is basically robbery compared to what sites like SoundCloud will pay per stream…
I’d like sources for these claims. What I’ve found online as average:
Soundcloud 0.0025 - 0.004$ per stream
Spotify 0.003 - 0.005 per stream
Streaming services will never be able to able to pay artists fairely. We should return to buying music