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Originally Posted by DaneMcCloud
Streaming pays 1/10,000th of a cent per play currently on Spotify. Pandora and other services pay less.
I'm sure there will be tens of millions earned in the next 100 years but I seriously doubt it'll match what it's earned previously.
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Quote:
Originally Posted by LoneWolf
FYP
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Quote:
Originally Posted by Third Eye
If you just googled it, then you mean 60/100 to 84/100.
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Quote:
Originally Posted by DaneMcCloud
Wrong
You can Google all you want but the real numbers are far different
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Quote:
Originally Posted by DaneMcCloud
Yes
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I hesitate to weigh in on this because it's a subject I know nothing about, but I will say this.
Spotify says they paid out $300 million in royalties in teh first three months of 2015.
http://www.spotifyartists.com/spotify-explained/
If the price was 1/10,000 of a cent ($0.0001) per stream, and they paid out $300 million, that means that in the first three months of 2015 their members (or whatever) streamed three TRILLION songs in just three months.
With 75 million active users (as of November 2015), that means each user streamed 40,000 songs EACH during that timeframe.
And that seems pretty darn unlikely.
Though, again, maybe you're distinguishing between what Spotify pays in royalties and what the actual artists get. Maybe there are 20 middlemen in between those two ends of the spectrum that each get their cut.