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I was thinking about this service earlier. Going by the pay-per-play figures that Holy Roar claim (£0.06p, which is the highest estimate I've heard), if you listened to a playlist of songs by the same artist for an entire year solid without pausing they'd earn about £79. That's 8675 hours of solid music. Less money when you factor in the advert time. I'm disabling last.fm, leaving mine on mute playing a few songs from labels I like on repeat and I hope the £6-7 a month I generate by playing their music 24/7 pays for three copies of an album to be pressed or something. Sort of like Folding@Home for independent music. It's amazing how little money reaches the labels. There are bands on here I've spent more money buying drinks for than I would have generated if I listened to them exclusively on Spotify. It'd take three or four years for me to generate the same revenue on Spotify as I would by buying a single disc, and that's bands I listen to quite a lot. I suppose it's different for major labels but I assumed a lot more advertising money reached the artists than that.
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Jun 6, 2010 01:00
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| # ¿ May 4, 2024 11:15 |
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