> Then again, given that Spotify’s annual revenues were last put at nearly £7bn while the per-stream rate it pays to artists is currently reckoned to be around 0.35p
This is quite disingenuous. Spotify pays out about 75% [1] of their revenue as royalties. That's better than for example the App store.
You can make the argument that they give too much to non-paying users or that subscriptions are too cheap, but comparing total revenue with payout per stream is utter nonsense.
This is quite disingenuous. Spotify pays out about 75% [1] of their revenue as royalties. That's better than for example the App store.
You can make the argument that they give too much to non-paying users or that subscriptions are too cheap, but comparing total revenue with payout per stream is utter nonsense.
[1] https://www.statista.com/statistics/370618/spotifys-cost-of-...