Here’s a number that should make anyone pause: in 2021, the top 0.8% of artists on Spotify took home 90% of the platform’s payouts. That’s not a meritocracy, that’s a lottery. Most musicians—like session players, local bands, or even mid-tier indie acts—get fractions of a cent per stream. You can’t live on that.
JT, you might say the market sets the price, or that streaming gives artists exposure. Sure, exposure doesn’t pay rent. And when a platform like Spotify is profitable—making over a billion in revenue last year—while the average artist struggles to afford health insurance, something’s broken. It’s not about supply and demand anymore. It’s about a system that funnels money to the top and leaves the rest fighting over crumbs. That’s not fair by any measure I can see.
10:55 PM