UMAW is also providing us here in the UK with examples of how to fix streaming as we address the same question. Many thanks for setting a good example.
John Steinbeck said it's never the farmer, always the distributor that makes the real money. We've been seeing artists from many industries fighting the streaming industrial complex, I'm hopeful changes will be made to support a broader range of art. I'm sick of seeing and hearing the same old everywhere. Super interesting how the music platforms work, thanks for sharing!
I am interested in a streaming platform that is fair to artists so how about a proposal. I don’t know if the economics would work though - for users and artists. But a start. I scrobble all my plays with last.fm so I have stats. I scrobbled 1140 tracks in April, 1977 in March. It’s not a hard ask for me to pay $0.01 per track streamed. That is an increase in revenue for you but leaving aside whether there would be a cut to the streaming provider I don’t know if that is a reasonable reward for >700k tracks streamed. That seems like a decent number for an indie band but $7000 doesn’t seem like a big number.
The main thing I like about streaming is the ability to try out music. I have no hesitation in listening to a suggested artist because I can stream at no marginal cost. This is a lot better than buying an album back in the day and being stuck with it if it really sucked. But the big difference between then and now - my album buying budget was $50 per pay. Now it is what, $15 a month through Apple? I bundle with Apple One so don’t know the exact figure.
So anyway, I see room for the revenue per stream to go up for the artist without harming the customer. I think there is probably also a way to get real music devotees to pay a bit more but not sure how that could work.
Don’t worry about “former chief …”. I suspect he has fewer facts to hand and a more biased — self aggrandizing — position to protect. I have read some of his articles. On the other hand, I was not aware that Spotify is licensing music for commercials. Do you mean they are licensing/selling data to companies off the back of their free and paid subscription service?
I agree with your point about Spotify not being a music company. This idea is fully supported by an ethnographic study, Spotify Teardown: Inside the Black Box of Streaming Music.
Excellent address in response to Spotify's chief economist whose job surely exists because of the music made by the bands on their platform.
UMAW is also providing us here in the UK with examples of how to fix streaming as we address the same question. Many thanks for setting a good example.
John Steinbeck said it's never the farmer, always the distributor that makes the real money. We've been seeing artists from many industries fighting the streaming industrial complex, I'm hopeful changes will be made to support a broader range of art. I'm sick of seeing and hearing the same old everywhere. Super interesting how the music platforms work, thanks for sharing!
get their asses
I am interested in a streaming platform that is fair to artists so how about a proposal. I don’t know if the economics would work though - for users and artists. But a start. I scrobble all my plays with last.fm so I have stats. I scrobbled 1140 tracks in April, 1977 in March. It’s not a hard ask for me to pay $0.01 per track streamed. That is an increase in revenue for you but leaving aside whether there would be a cut to the streaming provider I don’t know if that is a reasonable reward for >700k tracks streamed. That seems like a decent number for an indie band but $7000 doesn’t seem like a big number.
The main thing I like about streaming is the ability to try out music. I have no hesitation in listening to a suggested artist because I can stream at no marginal cost. This is a lot better than buying an album back in the day and being stuck with it if it really sucked. But the big difference between then and now - my album buying budget was $50 per pay. Now it is what, $15 a month through Apple? I bundle with Apple One so don’t know the exact figure.
So anyway, I see room for the revenue per stream to go up for the artist without harming the customer. I think there is probably also a way to get real music devotees to pay a bit more but not sure how that could work.
Don’t worry about “former chief …”. I suspect he has fewer facts to hand and a more biased — self aggrandizing — position to protect. I have read some of his articles. On the other hand, I was not aware that Spotify is licensing music for commercials. Do you mean they are licensing/selling data to companies off the back of their free and paid subscription service?
I agree with your point about Spotify not being a music company. This idea is fully supported by an ethnographic study, Spotify Teardown: Inside the Black Box of Streaming Music.