335
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 05 Dec 2023
335 points (100.0% liked)
Technology
59138 readers
1952 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
According to my spotify wrapped I listened to about 2500 different artists. Yearly subscription is 143,88€, so if spotify took 30% and ther rest is split equally to every artist they'd get a nice 0,0578€ from me each. For your $26 that'd mean on similar math that you'd need ~450 listeners, so it's atleast nearby the ballpark if you have 1000 streams on there.
I obviously omitted things like VAT and other taxes, payment processor fees and complexity of revenue streams in general, like how long I listened to each to keep it simple.
I'm not saying if that's fair or not, I just did quick and rough math around the data I had easily available. All I know is that for that half a cent per artist I'm not providing anything to anyone but I receive quite a lot every day.
For more detailed info you can check spotifys own report.