Spotify – boasts 124 million subscribers, taking in USD$7.44 billion in revenue but paying artists just USD$4.37 per 1,000 streams.

This is Fine: Optimism and Emergency in the Decentralised Network

Over the last 7 years, Spotify has earned me 4.3% of what Bandcamp has. Over the last 3 months it's 1.6%. Getting playlisted by the Spotify lords and heard by 50,000 people is worth as much as ~20 people deciding to pay a fiver for a release on Bandcamp.

@datassette Datassette

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