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Spotify raises premium subscription price for millions
(www.bbc.co.uk)
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this post was submitted on 24 Jul 2023
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Spotify pays very very little to artists per stream. Tidal is a better streaming platform to send money their way.
how much does tidal pay? a quick search showed spotify was only taking 30% in which is in line with steam and apple for digital distribution stuff
https://loudandclear.byspotify.com/#box-2
Well, spotify may online take 30% but they funnel.most of the money to their owners, the big record companies.
And 30% is not like the 30% steam takes. If you stream only my songs (yes, I'm on spotify) for a whole months, maybe every day 10 songs that makes 300 streams a month, each for 0.2¢. All in all 60¢. The remaining 6.40$ of the 70% of 10$ go to the most streamed artists you never heard..and these artist only get small cuts from theur labels.