Spotify wouldn't be bleeding money if the artists weren't getting paid. Licensing costs form the bulk of Spotify's operating expenses.
Right... If no matter how low you someone for their product, YOU STILL LOSE MONEY, you still have costs but so what? You're business is not sustainable. If you need to lowball these people.... Well, eventually they'll go somewhere else if they get a better offer.
I didn't even think I'd need to point to that.
For example, If a restaurant pays its employees $2 dollars an hour and still loses money, they are technicaly "paying" their employees at less than minimum wage, and I'm sure it accounts for a big or biggest part of their costs. But, so what? If they can't make it while paying employees that low, then maybe their business model is unsustainable and they should close shop or change it (considering they're trying to switch people to paying services, I'm guessing they found that out). The problem with that, is they're still not paying the artists more.
Most of the money paid for streaming goes to a small group of artist, which people play over and over again. The artists that are played less than 10K times are getting next to nothing (a few bucks) for their work.
Most of the money paid for streaming goes to a small group of artist, which people play over and over again. The artists that are played less than 10K times are getting next to nothing (a few bucks) for their work.
Comments
Spotify wouldn't be bleeding money if the artists weren't getting paid. Licensing costs form the bulk of Spotify's operating expenses.
Right... If no matter how low you someone for their product, YOU STILL LOSE MONEY, you still have costs but so what? You're business is not sustainable. If you need to lowball these people.... Well, eventually they'll go somewhere else if they get a better offer.
I didn't even think I'd need to point to that.
For example, If a restaurant pays its employees $2 dollars an hour and still loses money, they are technicaly "paying" their employees at less than minimum wage, and I'm sure it accounts for a big or biggest part of their costs. But, so what? If they can't make it while paying employees that low, then maybe their business model is unsustainable and they should close shop or change it (considering they're trying to switch people to paying services, I'm guessing they found that out). The problem with that, is they're still not paying the artists more.
Most of the money paid for streaming goes to a small group of artist, which people play over and over again. The artists that are played less than 10K times are getting next to nothing (a few bucks) for their work.
Make better music.