Spotify doesn't make profit from music streaming, despite having over 400M monthly active users, because it pays two-thirds of all its revenue to the rights holders.
Spotify doesn't make profit from music streaming, despite having over 400M monthly active users, because it pays two-thirds of all its revenue to the rights holders.
Despite being the king of music streaming, Spotify is struggling financially, but why?
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If you want to support an artist pirate their music and see them in concert.
This is outdated and bad information. Most small artists lose money touring. Bigger artists might break even.
If you can buy merch, do that, if you can buy physically do that. Spotify is gonna pay pennies for thousands of streams, so nothing you do on spotify is going to benefit an artist. But "pirate and see live" is probably gonna result in a negative bank balance for artists.
Nothing short of handing them cash in person is truly a guarantee. Really depressing how it's turned out.
Bandcamp is a decent platform… for now
Has anything really happened since they were acquired by Epic last year?
Epic sold it to a company called Songtradr, who shortly laid off a good chunk of the staff. They haven't done too much so far, but it could easily go south from here.
Faircamp might be a good avenue in the future.
That's not a guarantee either unless you know how much they spent getting in a position for you to hand them cash.
I think Taylor Swift just about broke even, mostly thanks to my wife and her friends.
Nice try ticket Master!
Some artists that people like may never come to their city
Buy merch
It's rare for me to find merch worth buying, I prefer buying the music.
Maybe buying it directly from their website might be the better option in this case? 🤔
It's about the effort artists make for merch, I don't want to buy a t-shirt with a simplistic design or just a sentence on it
I meant buying the CD/music on their website
Unless it's a ticketmaster concert because fuck them.
Lol. Yes, ticket service fees, venue fees, and reseller makerts is totally the best way to support an artist, especially if you live no where near a tour location.
"Support"