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Tesla are talking with major labels to start a Spotify rival

Tesla look to expand beyond cars and spaceships as talks with figures and labels in the music industry about a music streaming service. According to music industry sources renowned car-makers Tesla have spoken with all…

Create Spotify playlists with your friends directly from Messenger now

You and your friends can now create Spotify playlists together without ever leaving your Messenger chat. Collaborative playlists just got a whole lot easier to create as Spotify have introduced shared creation into Messenger. Now…

2 comments

    I like this kind of stuff, but comparing the two graphs directly is misleading. It says that if a band releases via a label, a musician in the band gets $23.40 for every $1000 sold. But, with the same math, the same musician wouldn’t get $700 for every $1000 sold. If a musician takes an 18% cut of the band’s take home, he’d get 18% of the 13% cut, which is 2.34%, or $23.40 per $1000. That same member would get 18% of the 70% cut releasing strictly digitally and independently, which would be 12.6% or $126 per $1000. So, that same musician makes about $100 more per $1000, but nowhere near the $700 being touted. At least that compares apples to apples. Nevermind that bands on record labels have to actually account for repaying the label for fronting record production and promotion costs. Of course, that would be a relatively moot point if those bands decided to be independent and completely digital (otherwise, who uses a record label for a completely digital release?).

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