We backed up Spotify (metadata and music files). It’s distributed in bulk torrents (~300TB). It’s the world’s first “preservation archive” for music which is fully open (meaning it can easily be mirrored by anyone with enough disk space), with 86 million music files, representing around 99.6% of listens.
Not sure what the problem with the numbers is. Piracy = 0% to artists, Bandcamp = around 80% after fees and Visa, Spotify = pays rights holders around 70% of gross revenue, and artists often see 20% or less from labels. Blaming Spotify misses the real problem: labels control the payouts, not the platform.
I get that you promote your business a saviour, but how do people find the artists they want to go see without streaming or distribution platforms?
i’m not so sure about your numbers there, friend.
also bands don’t make money on streaming or selling records in stores anymore. they make money selling tickets and product at the shows.
source: i have run a live music venue for 35 years. watching the changes in the business model has been wild.
Not sure what the problem with the numbers is. Piracy = 0% to artists, Bandcamp = around 80% after fees and Visa, Spotify = pays rights holders around 70% of gross revenue, and artists often see 20% or less from labels. Blaming Spotify misses the real problem: labels control the payouts, not the platform.
I get that you promote your business a saviour, but how do people find the artists they want to go see without streaming or distribution platforms?