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The way this should work is that there can be some minimum earning threshold the seller has to achieve to be paid out by the platform. But! once the seller achieves it, they should be paid in full for all the units sold/streamed before achieving the threshold as well. E.g. App Store requires you to earn $100 equivalent to pay out earnings in Colombia. In many countries the threshold is currently $0.02, but it used to be much higher. https://developer.apple.com/help/app-store-connect/reference... |
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Why is this desirable? Wouldn’t it be more desirable to pay artists for everything? The implied comparison is with the status quo, and both Spotify’s and your proposals frankly kinda suck |
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Honest question: have you ever run a business? You're talking about setting up millions of accounts to pay them $.02 or $.20 or even $2.00. ACH payments cost an average of $.29/each https://gocardless.com/en-us/guides/ach/ach-fees-how-much-do... You're dealing with a bunch of people who will try to rip you off, so you need to have anti-fraud protections. Then you need to be able to override the anti-fraud protections because Alex, Alex and Bob, Alex, Bob, and Curt, etc. are all legit performers who want the payments to go to one common bank account even though you'd like one act == one bank account. Etc. |
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SEPA seems to have no problem moving sub-euro amounts. I am not an entrepreneur, but I did send single euro amounts to my friends. Is it more difficult in USA?
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But Spotify isn't taking anyone's property. Spotify is saying "here's how our payment system works" and then bands can decide whether to put their songs on Spotify.
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True enough, the law should consider market control/ dominance as a factor. A market dominated by a few, should maybe be treated different than a highly competitive marked
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My wife is a professor in a field where they regularly publish books. "Zero royalties for the first N copies sold" appears to be common in the academic publishing contract world. It's a mess.
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As does YouTube, there are minimum levels of consumption required for any given channel to receive monetization, and ads are still displayed on this channel before the uploader receives any money.
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It's not who, but what. I just want to be presise. I found the improved comment to be better than my original text, and closer to how I would've formulated myself in my native language.
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As I said, there is nothing wrong about using chatgpt, and I use it all the time (also not a native english speaker). Just found it funny, that even with text is often very easy to tell. |
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No, and I think you're gifted with good pattern recognition!Now models could be trained adversarially against this GPTZero and you'd have a harder time.. |
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Problem is that in take of new music is harder with these. I don’t know if YouTube is any better, but I have switched all of my music consumption to youtube music app with the premium subscription. |
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> And 20 cents corresponds to around 50 to 100 plays Unfortunately more like 5000+ plays. People tend go to concerts of music they listen to and for a lot of people that means hearing it on Spotify |
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Of course that's a quite rare case of a small nation with many neighbors with interested listeners, trying to get an artist to play there exclusively in order to drive concert tourism.
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This is literally their current business model. Large music distributors pay for streams, the songs rise up the charts, people see the songs. If that’s not advertising I don’t know what is.
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Yep. Last I checked, it still pays 90% royalties to artists, all with a sane interface that is pleasant and just works, and no dark patterns.
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Yeah, no cash in it but I figure it's mainly to gain exposure to hopefully later on get those into the "playing gigs" / merch audience, because reach is on the other hand massive on Spotify.
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While it might not have a big impact on smaller artists financially, the idea of a multi billion dollar company deciding unilaterally to steal a few cents from you could be enough to drive you away.
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it's not up to Spotify to decide what I do with that. What if I use it to pay a sub for some app I like and helps me create music? Then Spotify is taking value away from 2 Indies, not just one.
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Spotify does not allow you to self publish. However, you can pay a distributer like DistroKid an annual fee in order to upload to the platform (and all other majors).
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It's the reason I use both. Spotify's recommendations and social features are much better than Apple's - but the exclusive DJ sets and recordings of concerts etc are a great value add.
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Frankly, this is why I always ignored Spotify and other streaming services and keep a jolly roger above my head. If you had pirated or ripped those mixes off Spotify, you'd still have them. And you probably paid enough months of subscription to feel okay with that. Because in the end https://xkcd.com/488/ |
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Thanks for the comic link and enjoy the riff off the book title “steal this book”. Just looked into deleting my Spotify account through the app and appears that’s not an (obvious?) option. Ugh |
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There’s an app called song shift that works 90% well. It’ll transfer the music over from one service to another. Also you can export Apple songs to CSV using desktop iTunes
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I think royalties from <1k streams are basically nothing anyway. Giving up the ability to distribute your music for free and reach more people would be a terrible idea.
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Ah. Music income numbers, where the details are not actually details. He did say that[1], but the statement is misleading (and has little to do with Spotify). A very rough global average per-stream payout is often estimated at around $0.003 to $0.005. That brings the payout for 1 billion streams between $3,000,000 and $5,000,000. Let's go with the lower end. This is actual money paid out by Spotify for 1 billion streams, as in, a bank transfer of $3,000,000. How do you get from there to $45,000? - As with any legacy artist, the record label gets most (maybe 70%). Why that is, oh well. It's less shocking if you think of the label as an employer and how little an average employee gets compared to what they produce. Do you need an employer? Absolutely not. Do you need a record label? Absolutely not. Anyway, a 70% cut would leave the artist with $900,000. - Expenses: There are various costs associated with producing, distributing, and promoting music, hotel costs. Let your imagination run wild. Safe to say: This is a black hole, depending on how you want the process to look. If Snoop wants to sit in a big studio for months, he pays prices, for month, but that's not required to make music. Renting a high end studio on end is lifestyle. Sure, it's an expense, but it's like complaining about your profit while driving a Porsche. Awkward. Let's assume a 20% deduction here, reducing the revenue to $720,000. - Focus on Publishing Royalties: Publishing royalties are just one part of the total royalties an artist earns. So there's quite a bit of double accounting going on if you want to pretend that the above costs are all deducted from your Spotify income. If we assume publishing royalties make up only 10% of the total, that brings the figure down to $72,000. - tldr: Snoop is living the big life, confused about money, and then proceeds to confuse others about money. [1] https://economictimes.indiatimes.com/news/international/us/s... |
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If the ownership is with the publishing studio then AFAIK they pay the producing, distribution and promotion. It is an investment into the artist, so they shouldn't have these costs.
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Thank you. I don't understand why Spotify licenses all this rock and rap music when I'm only interested in pop music. So ridiculous. Why can't they just exclude all the stuff I don't care about?
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They aren’t making you pay anything, there’s a wide variety of music services. A company offering an entertainment service is hardly forcing anyone to do anything. |
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Just cancel your Spotify subscription. I did, and now use a combination of Roon and Tidal. I have a much better listening and discovery experience through Roon and artists get paid more with Tidal. |
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Did anyone really expect 10 dollars a month to be enough to be sustainable? That's the price we used to pay for a single album and it seems way too low for a sustainable flatrate music service.
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