13 February 2012

Spotify: € 0.007 per stream? What’s all that about?

Just found this on digital distribution service iMusician Digital's blog: "This is a difficult one because we love Spotify and would go as far as to say that with Spotify (Simfy, Rdio, MOG, MyJuke etc) for the first time, we have a music service that just makes sense.  It’s just these pitiful payments which leave a bitter taste in our mouths.  Spotify pays us 0.007 EUR per stream so you make about 0.0059 EUR though depending on whether the listener has the free, unlimited or premium versions, it can be more. But it still means your next beer just cost you 840 streams…read on and leave your comments."