Good for you Spoty! But if Apple made something that you charge for, for free..... you would be crying really LOUD!
Smart move? Ha ha ha ha! Providing a service that makes no money is a smart move? This is simply Spotify gasping for breath. A loss leader that will eat up profits with no positive results is not a smart business move.
Ahhhhh, they want to be MORE like the record companies. “Hey, we know we’re not paying you a lot of money, tough deal on that. BUT, if you create a podcast and get folks to subscribe to the podcast, we won’t take ANY of that, that’s all yours!It says in the article the podcaster gets to keep all of the subscription revenue from their podcast on Spotify instead of giving up 30% commission to Apple.
Yeah, there’s no Amazon-type world dominance waiting in the wings at the end of these continuous losses.Smart move? Ha ha ha ha! Providing a service that makes no money is a smart move? This is simply Spotify gasping for breath. A loss leader that will eat up profits with no positive results is not a smart business move.
It is a misleading statement; Spotify pay less per stream, but attract far more streams for the artist, so actually, Spotify pays the artist more than any other platform.yet, they have one of the lowest royalty rates paid out to musicians for music streaming. how about fix that problem.
Is it dumb? Perhaps Spotify think more developers will be attracted to the platform and it will generate more paying subscribers, good for Spotify and good for the developer?All i see here is that popular podcasters will be on both services, the only difference being that Apple will be making money off of them and spotify won't. Dumb move.
Apple does the same thing... they value the work of women less than men.That's a bit of a stupid comparison. Spotify is valuing artists' work less.
Can’t the artist not allow Spotify to stream their music? What the get paid is not my problemThat's a bit of a stupid comparison. Spotify is valuing artists' work less. Free-plan customers don't earn artists the same amount as premium users, which basically means the artists are subsidizing Spotify's free customer base. Free plan is what draws more customers in.
Imagine if Apple made artists pay for Apple Music service. Oh wait, they did that, and artists' cried outrage so Apple reversed course.
We all know how you hate them. We don’t careSpotify is trash.
Spotify not taking a cut of podcast subscription fee or charging podcast creators a monthly fee for the privilege of charging their listeners a subscription fee (Podcasters will pay Apple $19.99 a month to enable subscriptions, and set their own prices for listeners. Apple will take a 30% cut of subscription revenue the first year, and a 15% take thereafter)...Smart move? Ha ha ha ha! Providing a service that makes no money is a smart move? This is simply Spotify gasping for breath. A loss leader that will eat up profits with no positive results is not a smart business move.
It's no different than what Apple does with their user dataIs Spotify trying to become another Facebook? The MO seems to be to vacuum up as much personal data as possible about people using their service and then figure out how to profit from that later.
Spotify makes money through subscribers and ads.All i see here is that popular podcasters will be on both services, the only difference being that Apple will be making money off of them and spotify won't. Dumb move.
It is a misleading statement; Spotify pay less per stream, but attract far more streams for the artist, so actually, Spotify pays the artist more than any other platform.
A better thought would be how does Apple with half the [paying] subscribers, paying far more per stream is making money from Streaming when Spotify does not? Perhaps picking up commissions from all the other providers?
Aside from the point that for the vast majority of artists neither Apple or Spotify [or others] pay anything like a figure comensurate with the talent on offer.
If you ignore free streams and bot traffic, then it should be about the same.yet, they have one of the lowest royalty rates paid out to musicians for music streaming. how about fix that problem.
No if the can kill the competitors then they can price however they want after.Smart move? Ha ha ha ha! Providing a service that makes no money is a smart move? This is simply Spotify gasping for breath. A loss leader that will eat up profits with no positive results is not a smart business move.
The "free" tier is still a paid tier! Advertisers pay for streaming; the artist receives exactly the same; as for "developing" countries:My theory is that Apple Music subscribers overwhelmingly tend to be iphone users, who mostly hail from developed countries and have more expendable income. As such, these people are more likely to be paying the full $10 a month for Apple music (or as close to that amount). So Apple still has a decent chunk of money left over even after paying the record labels their cut.
They also don’t have a free tier that would otherwise just eat into their overall profitability.
That’s the reality of Apple’s business model. They don’t bother going after raw profitless market share, and they don’t need to.
Conversely, a large proportion of Spotify’s subscriber base is likely to come from developing countries who are paying highly discounted rates. The double whammy here is that Apple Music is also stealing all the lucrative customers from Spotify, further depriving them of income.
Do you honestly think big podcasters like Joe Rogan will give 30% profit to Apple for doing absolutely nothing.
Ahhhhh, they want to be MORE like the record companies. “Hey, we know we’re not paying you a lot of money, tough deal on that. BUT, if you create a podcast and get folks to subscribe to the podcast, we won’t take ANY of that, that’s all yours!
I mean, sure, that’s not supportable for us in the long run especially as we’re losing money and if you hit it big, we’ll figure out a way to grab that money, too, but… you know… go for it. Spend more money and time creating this podcast rather than actually creating new content! Hey, grab the audio of your last live stream and post it as a podcast, that’s easy right?”
I think a lot of folks are pretty much ok with the Patreon sidechain, but we’ll see!
It’s just similar to the record companies. The profits from the sales of the album, you wouldn’t get BUT if you did concerts, any swag you sold at those were your money.I don’t see any downside for the Podcaster. They get to target a much larger audience with Spotify than Apple and get to keep all the subscription revenue.