Comment on Spotify axes 17% of workforce in third round of layoffs this year

<- View Parent
IsoKiero@sopuli.xyz ⁨6⁩ ⁨months⁩ ago

According to my spotify wrapped I listened to about 2500 different artists. Yearly subscription is 143,88€, so if spotify took 30% and ther rest is split equally to every artist they’d get a nice 0,0578€ from me each. For your $26 that’d mean on similar math that you’d need ~450 listeners, so it’s atleast nearby the ballpark if you have 1000 streams on there.

I obviously omitted things like VAT and other taxes, payment processor fees and complexity of revenue streams in general, like how long I listened to each to keep it simple.

I’m not saying if that’s fair or not, I just did quick and rough math around the data I had easily available. All I know is that for that half a cent per artist I’m not providing anything to anyone but I receive quite a lot every day.

For more detailed info you can check spotifys own report.

source
Sort:hotnewtop