Feeds

Spotify coining it at home in Sweden: But are artists getting any?

Counting out the royalties with sticky fingers

Security for virtualized datacentres

New figures from the Swedish music market suggest that streaming services are good for music. Revenue from streaming services grew 79 per cent in the first half of the year, making up for declines in CD sales and digital downloads, according to local trade body GLF. Spotify launched in Sweden first, in 2008.

CD sales were barely down at all - with just a one per cent decline - and although streaming services ate into a la carte downloads the overall revenue increased by an impressive 30 per cent.

Major record labels, particularly Universal Music, can be relied on to big up Spotify, since they are major investors and equity holders in the service. But have the labels undervalued the music they provide to it? The deals were struck when the industry was desperate to compete with 'free'. Musicians say the chickenfeed royalties they receive from Spotify mean that the label bosses have sold out too cheaply.

Cellist and composer Zoë Keating recently published her Spotify revenues on a public spreadsheet. While she commends it as an "awesome" listening platform, she earned just $281.87 from 72,000 plays, or around three-tenths of a cent per play. For comparison, for a five month period she earned $46,477 from iTunes downloads.

She also noted that Spotify pays indie label artists much less than artists on major labels. Her analysis is well worth a look.

"Spotify’s CEO is the 10th richest man in the UK music industry ahead of all but one artist on his service," guitarist David Lowery pointed out recently. ®

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.