Breaking into the 0.1%, anyone?

Spotify is guilty of many things. It’s guilty of not paying proper royalties to artists and labels. It’s guilty of having enormously expensive HQs around the world. And now we can add another charge to the sheet.

It’s basically made it even harder for musicians to break through to the elite that can make real money. Says this article

“Around 7,500 artists [now get] over $100,000 per annum from Spotify. 7,500 is both a significant number of artists AND a long way off 8 million. In fact, these numbers mean an individual artist’s chance of generating over $100,000 on Spotify this year is 0.094%.”

I think I’ll just become a hermit instead.

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