Technology

I remember when Joe Rogan was getting giant paycheck from Spotify promoting antivax stuff, and people talked about moving to Apple Music, but it feels like many just stuck with Spotify.

I came across a post on instagram that says that Al Yankovic's 80 million stream on playlist only netted him enough money to buy a sandwich.

Also, Spotify underpaying artists, making fake playlists with cover artists to undermine artists, are not new. It feels like the mainstream crowd just doesn't care, which pushes me further into depression.

If you want to do the maths, the maximum one can possibly earn in Spotify royalties is $0.003 a stream. It doesn’t add up to a living wage for most artists.

And now, to make matters far worse, starting in 2024 Spotify will stop paying anything at all for roughly two-thirds of tracks on the platform. That is any track receiving fewer than 1,000 streams over the period of a year.

So if my maths are right, this means people not getting paid...are people that would make less than 3 dollars in a whole year?

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.

I have around 48k streams on spotify and I’ve earned a whopping $172. Their new payment model would bring that down to essentially $0.

Why is anyone still using Spotify?

They have money to pay Joe Rogan an absolutely obscene amount of money which could have made hundreds of artists life awesome apparently (which feels more like a bribe). So it is clear, they have the cash to pay others too. They just choose not to

Bandcamp and Tidal. Please everyone, we need to kill Spotify, they hate artists.

I feel like you’re doing everyone a disservice when you don’t tell us the most beneficial way for us to hear your music.

The justification for this is demonetizing white-noise tracks or other work without creative effort that supposedly costs spotify too much. I'm not a fan of the direction this is going because one of the best things about the platform was it's selection of underground music. This just buries it deeper and doesn't help artists that are trying to break through. It just shovels the profits to the top earners who are already doing quite well. There aren't many alternatives and bancamp has been passed down from epic games to songtradr and isn't anywhere near a real alternative yet.

If you want to do the maths, the maximum one can possibly earn in Spotify royalties is $0.003 a stream. It doesn’t add up to a living wage for most artists.

And now, to make matters far worse, starting in 2024 Spotify will stop paying anything at all for roughly two-thirds of tracks on the platform. That is any track receiving fewer than 1,000 streams over the period of a year.

Honestly, does the 1k floor matter much? Based on the above text, the most that such a track can possibly make is $3/year. It's a safe bet that most aren't sitting right at 999 views and the maximum revenue per track; most are probably well below that. I have a hard time seeing someone caring much about that.

I'm not saying that there isn't possibly some kind of business model for which a track making $1/year or something this might make sense (massive numbers of cheap machine-generated tracks targeting very specific tastes, that all get a few views each). But for conventionally-produced music, I think that if you're making a song that's generating 50 cents or 10 cents a year or something, it's basically not on your radar financially.

How much of this is Spotify's fault and how much is the major record labels sitting between Spotify and the individual artists?

And is there a better place for us consumers to go and vote with our wallet? Ideally somewhere that isn't one of the 5 major tech giants that control everything

I haven't used Spotify in a while. I buy stuff on Bandcamp (Bandcamp Friday usually).

Honestly, 56 million profit is really not much. How many artists are getting next to nothing? 100,000? Splitting that profit between them leaves each with 560 per year. There's even less when you include more.

And if Spotify raises the prices to pay more per play people will leave, leaving Spotify with less money to hand out. Having asshats like Rogan getting millions or the deals huge artists, who are already filthy rich like Taylor Swift, make with Spotify are what's hurting small artists. I think Spotify has the same issue as the rest of the world. There is enough for everyone, it's just not equally distributed.

Would love to know if this is better at Tidal than at Spotify. After all, that is the main reason I switched.

I don't know what to do honestly. I'm fully aware of the situation. Artists deserve better then the shit they're always getting, I'm not disagreeing. But here's the thing, buying music is nice and all, but one: Bandcamp is going to shit. And two, I just can't afford it.

I'm poor and I listen to a lot of things. Buying all that isn't possible for me. Right now, I'm using Deezer, because they offered 3 months for free. And you know what? Just the 10 bucks a month that I'm saving is making a huge difference in my life.

Not to mention that discovering music without streaming services is quite hard. I left Spotify a long time ago, when the home page started recommending me more Podcasts then music. I tried a lot of things and I came to the conclusion that I hate all music streaming platform but they're still, by far, the best way for me to listen to and discover music.

If I love an album, I'll still buy if I can afford it (which I often can't).

Fuck em..
Just buy music directly from the artist whenever possible....

I did, I cancelled Spotify and switched to Tidal because of this, and noted the reason in my exit survey.