How Spotify Is Killing The Music Industry

Spotify is killing the music industry. Spotify’s value tripled during the pandemic, but you have to stream a song 786 times for a band to buy a cup of coffee. The Union of Musicians and Allied Worker is demanding that Spotify pay musicians one cent per stream.
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[Grasscentral]

Why isn't the garbage YouTube algorithm promoting this video? This is very well done, as well as interesting and revealing.

[patrickmalabuyo]

the statement near toward the end: "Music itself is being devalued and I'm worried for the future of music if we treat music this way."

[duduodin]

I knew spotify was a sleazy company when I noticed it installed on my computer automatically as part of a bundle with other applications but didn't even ask me if I wanted it installed which I never wanted to do. It freaked me out and made me think I had a computer virus.

I support this sooo sooo much. musicians make my life better and I'm sure millions upon millions of others would say the same thing. I hope you all get what you deserve.

[revevague]

Spotify is more interested in kicking my mom off my family plan rather than actually paying me for my streams. Our family plan cost just went up too.

[JA_]

Cancel Spotify already we all need to remove our music from that platform...

[TheLeftistCooks]

This is fascinating, thank you so much for making this

[stephenallenmusic]

60% of Spotify users are on the free tier

[crimsonwolf]

Hey, how do you expect Spotify to pay musicians anything but insultingly low chump change when they need to pay Joe Rogan many several MILLIONS? Let's be fair.

[istrumguitars]

This is total bullshit. I feel like cancelling Spotify now.

[ThePragmo]

This is so disturbing. I'm now regretting letting my music go there...🙄

[politiqueen]

Commenting and sharing the video for engagement so I can support the artists in smallest way I can.

[mateofernando]

When the customer is ok with piracy and file sharing and paying nothing for music, that mindset is really hard to change. No one would buy albums or CDs now because usually, the CD only has 1 or 2 hits out of 12 that the customer really cares to listen to. The internet has really just commoditize music, so this is why the artists are paid so poorly.

Time for the artists to onto their bus and start making money from concerts and tours. Selling licenced merchandise can also be lucractive.

[bernios]

How much do Amazon Music and Apple Music pay per stream?

[rrywdnl]

I agree with the musicians on this one.

[lezliwelge]

This is the reason why so many new Artist & musicians have started making the videos and hiring their own!

[atlassasha]

There should be a link to the union's website in the description of this video.

[jonathanb.]

700 streams is nothing, i feel like these people cry about earning nothing when really their listeners count is almost 0. If youre struggling to establish yourself as an artist, maybe choose a different career? or do art as a hobby and have your main income be a job? i really dont get the point that these people are trying to make, yes the corona crisis left them hanging but that was bc of a lack of governmental support, e.g. here in germany many artists struggled bc the government investet billions in corporations and big companies like Lufthansa etc., not bc they werent popular.

Edit: What might be percieved as unfair is that the payment is not uniform across the genres. thats the first thing that has to be fixed

[cheesecakejedi]

I agree 100% that musicians do not make enough money off of streaming. Spotify has grown in value but continues to report losses quarter over quarter. To say they can afford something when it would appear they can't afford anything seems disingenuous. Is there better information available for a break down of Spotify's budget or expenditures?

[reggiereg]

I dont know if i agree with this. Streaming wouldnt be so big if it werent for piracy. I feel like its a symptom of the "devalue" of music, not the cause.

[xeroforhire]

As a musician, I totally understand the struggle. But as a father I have a job because I have bills to pay. It's kind of hard to watch a bunch of young artists whine about the prospect of maybe having to get a real job in order to cover bills because Spotify is successful and we're not. I mean we could just not have our music on spotify. That is an option. Obviously it exists to support music labels, and not artists. But whining and protesting isn't going to change that.