{/ truncate /}
  • SamuraiBeandog@lemmy.worldEnglish
    42·
    6 hours ago

    The standard payment to an artist on Spotify is “$0.003 to $0.005 per stream”: https://simplebeen.com/artists-make-on-spotify/

    That is basically nothing for any artist that isn’t in the top tier of mainstream success.

    prior to Spotify coming along the industry was in decline as downloading MP3’s on torrents and file sharing programs was the norm

    You’re essentially pirating music by using Spotify, you are not paying the artists that you listen to in any meaningful way.

    • ikt@aussie.zoneEnglish
      5·
      6 hours ago

      That is basically nothing for any artist that isn’t in the top tier of mainstream success.

      Did you not read your own article you linked to?

      • 1,000 monthly streams ≈ $3-5 (enough for a coffee)
      • 10,000 monthly streams ≈ $30-50 (could cover your streaming subscription)
      • 100,000 monthly streams ≈ $300-500 (now we’re talking meaningful income)
      • 1,000,000 monthly streams ≈ $3,000-5,000 (potentially livable wage depending on your location.

      https://simplebeen.com/artists-make-on-spotify/

      You’re essentially pirating music by using Spotify

      As above, you can see the payout rates in the article… a liveable wage on just Spotify alone is not equivalent to piracy which pays artists nothing, this is on top of Apple Music etc

      In 2024, Spotify alone paid out a record $10 billion to the music industry—totaling nearly $60 billion since our founding.

      10 billion in a year is not piracy (which is $0), are you the author of the article?

      • errer@lemmy.worldEnglish
        31·
        5 hours ago

        You have to consider that most musical acts are NOT solo acts. Split that $5k a month between a band of several people and it’s not livable anymore. I think you have to be up in the several million listens range to have it be “livable.” That also assumes you maintain that level of interest indefinitely.

        • ikt@aussie.zoneEnglish
          2·
          4 hours ago

          that’s just spotify, i assume you would also have youtube, apple music, and bandcamp and also do live performances on top

          it’s never been easy to make money in music, these guys will tell you:

          https://m.youtube.com/watch?v=g-qkY2yj4_A

          and that was the 70’s, as mentioned earlier:

          In 2024, more musicians are making and releasing music than ever before. In fact, a new report has found that more music is released in a single day now than in the entire year of 1989.

          the market is flooded, you’ll need to really put a lot of effort in to break out