Some context is that this is Spotify’s first profitable quarter in quite a while. Also, there are 11 million artists on Spotify. I won’t pretend to have any data on listening distribution, but even naively and stupidly going with a uniform split, that’s of course $5 per artist if you eliminated Spotify’s profit entirely. In reality, most of those will have next to no listeners, and the vast majority of streams are going to the top several thousand.
The deeper question to ask is where all the streaming revenue is actually going, and the answer to that isn’t to line Spotify’s pockets; it’s to the labels.
Some context is that this is Spotify’s first profitable quarter in quite a while. Also, there are 11 million artists on Spotify. I won’t pretend to have any data on listening distribution, but even naively and stupidly going with a uniform split, that’s of course $5 per artist if you eliminated Spotify’s profit entirely. In reality, most of those will have next to no listeners, and the vast majority of streams are going to the top several thousand.
The deeper question to ask is where all the streaming revenue is actually going, and the answer to that isn’t to line Spotify’s pockets; it’s to the labels.