Wednesday, November 30, 2011

Spotify payments

This is interesting, spotify is paying $0.00029 to an artist for each stream
eg. 3500 plays equals the same as selling it on iTunes

http://derekwebb.tumblr.com/post/13503899950/giving-it-away-how-free-music-makes-more-than-sense

Whats really interesting is that the artist feels that giving it away for free and getting an email address is more valuable (eg a ReverbNation model) actually makes them more money.
eg. upselling CD's or tour tickets or band shirts etc.

What are you thoughts? as a Spotify user would you give away your email address to help out artists you listen to?


Cheers,
Dean

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