My guess is that great albums got listened to a lot -- driving down the revenue "per play" but generating great word of mouth and lots of net record/cd sales. How much of that applies to Spotify?
My guess is that great albums got listened to a lot -- driving down the revenue "per play" but generating great word of mouth and lots of net record/cd sales. How much of that applies to Spotify?
Assuming 12 songs on a CD, and that each CD costs $2 to print, distribute, and account for merchant margins, that gives us effectively $0.66666 per song. At the rate of $0.00786 per play on spotify, you'd have to play each song on your physical CD 84 times (or 1018 plays across varied tracks) before it produced less revenue for the artist than a play on spotify.
I'm guestimating here, but I'd say that in general artists/record companies benefit more from CD sales based on those numbers.
Maybe this is obvious to others? But not to me.
the main point I was making was that comparing 20 years ago to today in this case is likely not equivalent (at best I would say it's an incomplete view)
To a certain degree, "Buying an album" has always been a gamble. Spotify/Amazon/etc make it easier to (a) not buy albums that suck, and (b) buy more singles instead.