this post was submitted on 17 Dec 2023
554 points (90.1% liked)

Technology

60071 readers
3571 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
554
Spotify doesn't make profit from music streaming, despite having over 400M monthly active users, because it pays two-thirds of all its revenue to the rights holders. (open.substack.com)
submitted 1 year ago by [email protected] to c/[email protected]
233 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 1 points 1 year ago

Even if you are starting out thousands streams is nothing. I have a few friends who have a band. Its really small, basically everyone who listens to them knows them personally. They have 20 monthly listeners, but almost all of their songs on their own have 1.000 yearly streams โ€“ because Spotify puts them randomly into their automatically generated playlists.

Meanwhile kicking all the 'bands' out with less than 1000 streams allows them to pay the rest more.