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Spotify re-invented the radio
(lemmy.world)
This is a most excellent place for technology news and articles.
I have the family premium plan and honestly love it. I haven’t downloaded an mp3 in years because Spotify is so convenient. As far as subscription services go, this one is top tier for me.
Now when we look at movie streaming.. well that’s what the music streaming could have been like. What an absolute mess.
Now if only they'd pay the musicians worth a shit. Maybe they should strike next.
Full disclosure I am on Spotify family plan and I love it because
It would be nice if companies didn't slash features and would offer music for free with features beyond that of broadcast radio.
It would be nice if we didn't have the mechanisms demanding infinite growth from companies because sometimes that's just not possible or even necessary.
Imagine if Spotify could just be like ok, yeah we're good no need to make major changes, everyone is happy, life is good thanks. Versus: oh shit we need to boost the quarterly numbers who can we fuck over to get there? I know, customers and musicians both! Yay!
afaik that's mainly the fault of the music labels, they charge quite good money, but they don't give it to the artists: https://blog.groover.co/en/tips/loud-clear-spotify-2/
That article, while not necessarily wrong, is blatant propaganda and overlooks the most important issues until the final paragraph, and even then it only touches on it once.
As someone with expansive knowledge and experience in the indie music industry, with a lot of experience dealing with streaming services and Spotify in particular the biggest problem is not the % of value created paid out, it's what the actual value is. They don't touch anywhere on how much you get paid per play, how the value is created, how the money flows once it's in Spotify's hands, etc.
As said in the article, artists and indie labels/distributors have basically no ways to reach Spotify to negotiate a price, but Spotify itself paid literal millions to license a few major labels in the beginning. The 'value' of a play is extremely skewed, where you'd need upwards of 10.000 plays to equal a single play on a nightly radio show for a big broadcaster like the BBC or at a festival with 500 people. On top of that, if you work hard, network properly and prepare your release you can get quite good exposure through radio, dj and other live plays, whereas with Spotify you have to be lucky that they put your pitch towards the right 'tastemakers', they are actively working against user (influencer)-playlists, have piss poor customer service, blatantly favour major label tracks in their algorithms and don't actual care about their listeners.
On top of that we've got the obvious subscription enshittification, classic outlandish manager/director salaries and bonuses, the need to have an ever-rising share price and more.
Thanks for the insights. No holy among the capitalist companies...
It’s also not a new or Spotify-centric problem, either. Labels have been screwing over the artists for decades.
Yeah I work at a label we pay our artists about 30% of what we make off them, but that isn't actually that bad considering the amount of overhead there is at a record label and the amount of services we provide for them. Just advertising alone makes up about 1/3 of a big label and we will spend more on advertising, distributing and actually allowing them to make music than we actually pay them, so in terms of end value it's probably closer to 60 or 70%
In this case, it's a good thing that Spotify is an European and not an US company. Less incentive for enshittification. At the same time, the main reason they fuck over musicians so much is not so much Spotify but because of record labels and ads themselves. The record labels are the ones with the financial power, holding the copyrights. It's not that Spotify doesn't pay labels, they do, then in turn the labels keep most of the money and fuck over the artists. At the same time, the record labels came last to the streaming game. Blinded on the madness that was the Napster and peak P2P era, a war they lost, they didn't want to even sell digital copies. Many awards and labels didn't considered digital sales, legitimate sales. An many rogue artists sold or gave their digital albums for free to protest this. So they were always behind the curve. When Apple forced the labels to sit at the table for iTunes, they had no bargain leverage and were forced to accept shit terms in exchange for the hope that streaming would stop piracy. As a result, the tech giants got to keep most of the revenue bag and that's been the status quo ever since.
On the other hand, adverts don't pay. We tend to forget this because the likes of Google and Facebook are so massive. But the only reason they make any money is because of how massive they're. Adverts are a shit form of payment. Too expensive and no one wants to advertise with you, too cheap and you can't cover even the platform maintenance, it's a delicate balance. The result is you need millions of eyes to make any significant amount of money from an advert. There's a reason cable and open air TV has devolved into 15 minutes of advertisement per every 20 minutes of entertainment.
Spotify pays a fraction of a cent for every play. It takes 150 plays of a song to make a dollar from advertisement, and most of that dollar is gonna stay with the record label. This is significantly worse for indie and small up and coming artists. They simply can't make a living out of Spotify unless they are already big and have a massive following. This hurts the whole industry as it becomes harder and harder to nurture new talent.
The up side is that, although they are getting shafted by Spotify and the labels, a subscription play is worth more than a free play. Up to ten times more than a free user play. So your subscription does help pay artists more. The down side is that less than 25% of Spotify users pay for a subscription.
As someone who was once a small artist on Spotify, they do actually pay really well. Better than most places.
It's actually "oh shit we're lighting hundreds of millions on fire every quarter and not even making enough to come close to covering our costs"
I used to think the same, but these days it seems like most songs from my favorites/liked list are no longer on Spotify, as I hear the same 10 or 20 songs over and over again when I have it on random play, and when I manually try to go through my list it'll skip over songs and not let me select them.
I guess the competition with the other music delivery companies is coming down to certain companies have exclusives for certain songs and artists.
I've never paid for any streaming music plan and I love it. I never have to pay to listen to music because I already have MP3s of all the good music
To each their own. For me, I really like the Discover Weekly/Daily features to discover new music and I can’t see how I would ever “already have MP3s of all the good music” since that’s an ever changing set. Heck, I still have a ton of old mp3s I used to rip and/or download, but I haven’t listened to them in a while.
I would gladly pay for a similar AYCE movie subscription, but I refuse to sign up for a ton of different services and play the “which service is that movie on again?” game. Instead it’s a very different approach for me.
Yeah me and my SO have a Spotify duo account plan. It's great. I could never use the free version even back in it's heyday. I don't know how people still use the free tier to be able to complain about these changes.