The small labels are not happy with Spotify’s payment. Spotify pays 3 euros for 1000 album listenings. This according to Sakara Records is not nearly enough to support the bands. The representative of Sakara Records Label, which produces Finnish metal music, such as Mokoma and Stam1na, said that if people stop buying their records they’re going to have to stop making music regardless of the Spotify income, for which he used the word sad. He added on the Mokoma Facebook page comments that they can think of cheaper hobbies.
Would be interesting to know if all labels have similar payout schemes.
via Arctic Startup
good, leave the place for people who care don’t confuse their music and their bank accounts. good riddance
By: totoro on November 24, 2009
at 8:14 pm