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If only the same could be said for the artists you're listening to...
https://newsroom.spotify.com/2025-01-28/on-our-10-billion-milestone-and-a-decade-of-getting-the-world-to-value-music/
You have to remember that prior to Spotify the music industry was desperate, as people turned to downloading mp3's illegally the music industry basically just resorted to suing people who potentially downloaded a song.
I'm also very highly sceptical of this whole article, from the crappy accounting to
Riiiiiight.
You're just hooked up into a piracy platform that pays artists nothing by coincidence.
On top of this:
Music simply isn't a high value product anymore, the market is flooded, there is more music coming out per minute now than you can listen to.
But it's all good, I'll keep paying for Spotify because Spotify pays all the artists I listen to.
The standard payment to an artist on Spotify is "$0.003 to $0.005 per stream": https://simplebeen.com/artists-make-on-spotify/
That is basically nothing for any artist that isn't in the top tier of mainstream success.
You're essentially pirating music by using Spotify, you are not paying the artists that you listen to in any meaningful way.
Did you not read your own article you linked to?
https://simplebeen.com/artists-make-on-spotify/
As above, you can see the payout rates in the article... a liveable wage on just Spotify alone is not equivalent to piracy which pays artists nothing, this is on top of Apple Music etc
10 billion in a year is not piracy (which is $0), are you the author of the article?
You have to consider that most musical acts are NOT solo acts. Split that $5k a month between a band of several people and it’s not livable anymore. I think you have to be up in the several million listens range to have it be “livable.” That also assumes you maintain that level of interest indefinitely.
that’s just spotify, i assume you would also have youtube, apple music, and bandcamp and also do live performances on top
it’s never been easy to make money in music, these guys will tell you:
https://m.youtube.com/watch?v=g-qkY2yj4_A
and that was the 70’s, as mentioned earlier:
the market is flooded, you’ll need to really put a lot of effort in to break out
Spotify gets artists music and name out there to hundreds of millions of people, people who become fans and buy their merch and go to their concerts - that’s where artists make music, NOT from album sales. The music from album sales basically all goes to the label and all the partners.
Spotify is good for artists.
Lol go paint your ceiling using yourself.