Technically you are right. 1 dollar in revenue is better than nothing, but no matter how you turn it, Spotify leaves most producers with scraps.Streaming on Spotify supports the labels that sign new artists. Keeping labels in business is a good thing. Streaming on Spotify supports the distributors that allow new artists to use the same international stage, i.e. Spotify that is used by many artists worldwide. Keeping distributors in business is a good thing.
Streaming and Spotify have been almost nothing but bad business for the artist. The only thing I see as a benefit is the way to discover new artists.
Don't you find it alarming that Spotify have yet to manage to find a sustainable model/make a profit although being in the business for almost _twenty_ years? Oh please dear investors, give us ten more years then we surely be able to make a profit. Excuse me, I have to go buy a new mansion now. Talk to you later.
Don't you find it extremely worrying that one single entity can shut down a successful artist whole account?
Again, just a word of mouth, but word of mouth from friends. I have friends who I released things with back in the CD/vinyl days, and they report they earn fractions on streaming of what they used to earn. Fractions.
I've yet to give up on Spotify, but the more years pass by the more it starting to look like an enormous parasite feeding on new content.
Statistics: Posted by DrGonzo — Sun Feb 18, 2024 4:19 am