Snoop Dogg Reveals Exactly How Much Money He Made From 1B Spotify Streams

Discussion in 'Industry News' started by Choosename, Mar 9, 2024.

  1. SAiNT

    SAiNT Creator Staff Member phonometrograph

    Joined:
    May 21, 2011
    Messages:
    2,059
    Likes Received:
    1,753
    Location:
    ZiON
    that's actually from the Matrix Revolutions :guru:

    very interesting, thank you for the information. however many companies had to laid off workers this year. :sad:

    so if Bandcamp is potentially screwed, what's the next best service with musician in mind?

    that was exactly my point. if every musician would feel the same way about giants like Spotify, Deezer etc. then i don't know why there's still no service that is fair to their content creator.

    i see many artists offer that feature, although i'm not sure the big ones can do that due to contracts with record labels.

    anyway, you don't want to manually search for each individual artist and then go through the process of purchasing an album on their website. it has to be in one place - a music shop. and you certainly must have right to download a file to store it locally and use wherever you want.
     
  2. Choosename

    Choosename Platinum Record

    Joined:
    Nov 24, 2023
    Messages:
    512
    Likes Received:
    214
    Location:
    Milky way
    Yes, I think this happens in all open markets with no regulation. It is the same in agriculture. The farmer grow the food with his time and work, but he has to go to a market, he is competing with all the farmers of the same market, imagine lettuce. As lettuce are easy to produce and cheap, like music, the market is paying 0,05 $ per lettuce, all the other farmers are creating this market. Later the first middleman go to this market and pack the lettuce, and transport it, asking for 0,5 $ to the supermarket, that sells you the lettuce to the consumer for 1 $.

    Farmers want a minimum price for their lettuce, but this is against the rules of market to offer the goods and services at the lowest possible level. Goberns don't want to regulate on minimal prices. You can't sell lettuce for more price than the farmer around you. If the vast mayority of musicians and artist, upload their creations to streaming services, they are giving their hard work creations for pennies.

    People want to maximize their consume. And that's what spotify is doing. Offering all the lettuce (music) you want for suscription fee.
    I think there is no option to unionize from music artist in different countries, not like writers in hollywood. And that you can't differentiate your music from the music of other "farmers", so this industry will be allways condemned to the new waves of tech and market. With the pros of being the first disrupted (remeber napster, now AI), and the cons of being a cheap commodity for the big capital of Wall Street.

    IMO, the unique way of changing all this situation, is rethinking the market. Creating something that incentives the shareholders, to share more profit with creators. There is a thread about Patreon, related with that.
     
  3. BaSsDuDe

    BaSsDuDe Guest

    You should ask him if that's from personal experience because my experiences and my peers are not remotely bad with payments. In fact, they pay very quickly.
     
    • Interesting Interesting x 1
    • List
  4. korniceman3000

    korniceman3000 Ultrasonic

    Joined:
    Jun 13, 2011
    Messages:
    94
    Likes Received:
    34
    That's the problem when society is dictated by a free market economy with minimal regulations (or more specifically minimally enforced laws and regulations). Every priority is driven strictly by profit and the most powerful companies and lobbyists control the advantage and set the rules. You wind up with monopolization, price fixing, distribution inequality, and unfair business practices. The markets are also subject to all sorts of manipulation that control/prevent freedom of choice that leave little alternatives. I'm just curious what would happen if youtube and facebook decided to get involved in music distribution since so many popular yt channels already feature patreon links. What if youtube did something similar to beatstars. Beatmakers and artists are already uploading huge amts of content and are sharing links directed toward their business landing pages. If youtube also allowed paid subscribers to sell their music via yt platform while also streaming videos, they would eliminate all the middlemen like distrokid and would give both spotify and apple a run for their money.
     
    • Like Like x 1
    • Creative Creative x 1
    • List
  5. SAiNT

    SAiNT Creator Staff Member phonometrograph

    Joined:
    May 21, 2011
    Messages:
    2,059
    Likes Received:
    1,753
    Location:
    ZiON
    totally agree.
    and thank you for the video, this is an interesting topic to me, will watch it this week.
     
  6. SAiNT

    SAiNT Creator Staff Member phonometrograph

    Joined:
    May 21, 2011
    Messages:
    2,059
    Likes Received:
    1,753
    Location:
    ZiON
  7. Putinaros22

    Putinaros22 Ultrasonic

    Joined:
    Feb 8, 2024
    Messages:
    60
    Likes Received:
    20
    You dont have to buy , rutracker has every cd you can think on flac and lot of them on 44.1 24bit or 96khz 24bit or vinyls at that rates etc . When i discovered it 15 years ago , i sold all my cds .....
     
  8. ArticStorm

    ArticStorm Moderator Staff Member

    Joined:
    Jun 7, 2011
    Messages:
    7,687
    Likes Received:
    3,915
    Location:
    AudioSexPro
    i still have CDs, otherwise downloading from deezer and other services works great.

    but we all talked about supporting artists without giving major labels to much money ...

    To bad bandcamp is dying :|
    and beatport and other shops are no longer a thing.
     
  9. omiac

    omiac Moderator Staff Member

    Joined:
    May 3, 2024
    Messages:
    145
    Likes Received:
    168
    Received this in my box today.. :facepalm:

    TL;DR basically, independent artists and labels are yet again devalued (last month, as mentioned above, Spotify demonetized all songs on the platform with less than 1000 streams), while the owners (major labels and artists included) get another pay bump. MLC is suing.

    -----

    "Thursday, May 16, 2024, The MLC brought a legal action against Spotify USA Inc. (Spotify) to recover blanket royalties due under the compulsory mechanical blanket license that Spotify obtained to enable its consumer music streaming platform.


    Why did The MLC bring this action?

    Beginning in March 2024, Spotify asserted that its Premium Individual, Duo and Family subscription streaming plans were now Bundled Subscription Offerings because those plans included access to audiobooks. Applying the rate formula applicable to Bundled Subscription Offerings results in a reduction of the Service Provider Revenue that Spotify reports, which results in an underpayment of royalties.


    The MLC believes that Spotify’s position does not comply with applicable law and regulations. The MLC has statutory authority to address Spotify’s noncompliance with its royalty payment obligations. The MLC is taking legal action to enforce these obligations and ensure that Spotify pays all royalties due from its use of songs on Premium plans.


    Why are legal efforts important?

    As the sole entity authorized to use legal efforts to enforce blanket license terms, it is The MLC’s legal responsibility to take action on behalf of our Members when we believe usage reporting and royalty payments are incorrect.


    What happens next?

    We have filed this legal action in the United States District Court for the Southern District of New York. Spotify will have an opportunity to respond, after which the court will set and manage a case schedule for the proceeding. Once the matter is resolved, we will give Members an explanation of the outcome and details on any royalty adjustments."


    The MLC Sues Spotify for Bundling, Cutting Royalties for Publishers and Songwriters
     
    Last edited: Jun 12, 2024
    • Interesting Interesting x 6
    • Like Like x 1
    • List
  10. Garamondo Furbish

    Garamondo Furbish Audiosexual

    Joined:
    Nov 13, 2023
    Messages:
    1,829
    Likes Received:
    880
    Location:
    North America
    I agree with much of what you stated, but you can differentiate your lettuce, thats what a brand or a band is all about, Led Zeppelin is different than Peter Gabreiel, is different than 10cc etc. by developing a unique and creative sound you become a brand. just like French Champaign - yes it difficult, but it is worth it , if you can pull it off.
    So many people want to sound like someone else and no one needs a bad copy of anything and even a perfect copy is only a copy of something you already have, so redundant. The one thing that made music interesting from the 1960's to the 1990's is that people were trying to find different sounds and create new genre's. its been reduced to remixing the past at this point, which explains alot.
     
  11. Choosename

    Choosename Platinum Record

    Joined:
    Nov 24, 2023
    Messages:
    512
    Likes Received:
    214
    Location:
    Milky way
    The problem is to diferentiate a lettuce from another. Genres, subgenres, mixed styles, but all doing the same that CASH OUT. In the old times there were other ingredients in comparison, more like caviar, producing an album was very expensive, plus other changes. I also like old western music but we are talking about streaming era.

    With the tons of music produced / uploaded today to streaming platforms. There has to be a cut in some form, a way of curating the content.
    -Because of the cost of storage. That is not so simple, having multiple files in multiple rates, for multiple globe areas.
    -The exploit of the system, loading tons of shit songs, so finally at the end of the month you are making a living with millions of streamings. 1k x 1k = 1 million

    So cutting cost & reduce payments to artist. This is all about = PROFIT! A legit one, as they are a private company
    Anyway >1000 visits, is nothing IMO. This are like 0,00x dollars in revenue.
     
  12. omiac

    omiac Moderator Staff Member

    Joined:
    May 3, 2024
    Messages:
    145
    Likes Received:
    168
    • Like Like x 4
    • Agree Agree x 2
    • List
  13. Lad Impala

    Lad Impala Rock Star

    Joined:
    Feb 5, 2024
    Messages:
    707
    Likes Received:
    381
    Location:
    In bloom
    • Like Like x 4
    • Agree Agree x 2
    • List
  14. Xupito

    Xupito Audiosexual

    Joined:
    Jan 21, 2012
    Messages:
    7,226
    Likes Received:
    3,995
    Location:
    Europe
    • Agree Agree x 5
    • Like Like x 1
    • List
  15. Peter Gabriel

    Peter Gabriel Platinum Record

    Joined:
    Feb 16, 2020
    Messages:
    211
    Likes Received:
    184
    • Like Like x 2
    • Agree Agree x 1
    • List
  16. BaSsDuDe

    BaSsDuDe Guest

    Music has always been a reflection of the state of the world in its lyrics and thematic ideas. From Baroque, Renaissance, Romantic.... The entire Height-Ashbury period... Jazz... Rock 'n Roll... the spoken work, Hip-Hop... People invested their time and money into getting messages to the world at large through music.

    I am gob smacked that a fool with billions like Daniel Ek devalues the worth of music creation so ignorantly. Anyone over the age of 40 completely understands that time is money. By 40, any person has lived at least 3/8ths of their life and they understand the value of their time spent on anything. Even if the cost of creating music was financially next to zero, which it can be with some tools not requiring real musicians, there is no such thing in creation as zero-time.

    Music has always been a reflection of the state of the world in its lyrics and thematic ideas to reiterate- It is reflection that we are on the verge of being run by autocrats in nearly everything unless something is done. I won't derail this because that's a tangent and best left for another thread, but it is related. People will have to start making the hard decisions before too long in music, and in life.
     
    Last edited by a moderator: Jun 3, 2024
    • Agree Agree x 2
    • Like Like x 1
    • Love it! Love it! x 1
    • List
  17. Peter Gabriel

    Peter Gabriel Platinum Record

    Joined:
    Feb 16, 2020
    Messages:
    211
    Likes Received:
    184

    As this wanker Ek states - today its just "content" not art or music or reflective of the times - just content.
    Unfortunately most people under 30 look at music this way. Just ask one - are you a musician or content creator? The result is depressing.
    Most of these "content creators" don't even own a stereo system:mad:
     
  18. BaSsDuDe

    BaSsDuDe Guest

    I do not begrudge anyone making a living however they choose, as long as they do not leave a trail of shattered lives in the process, or stop others who do it differently.
    We now live in a world where too many people do not give a shit who they hurt in the process unfortunately.

    The world should have started screaming about five years ago when it was found that people who made up playlists of other people's music, were making more money than the people who made the music they were pawning off in playlists. Too late now.
    The penny should have dropped when a major music magazine put Kanye in front of a piano and a guitar and asked him to play one of his tunes. His answer should have screamed at people, but it didn't.
     
Loading...
Similar Threads - Snoop Dogg Reveals Forum Date
Snoop Dogg buys Death Row Records Lounge Feb 23, 2022
Snoop Dogg vs Davie504 humor Dec 25, 2021
Windows 10-class snooping is coming for Win 7/8 PC Oct 25, 2016
Internet Architects Plan Counter-Attack On NSA Snooping Industry News Aug 30, 2013
Exclusive: After Multiple Denials, CIA Admits To Snooping On Noam Chomsky Industry News Aug 14, 2013
Loading...