The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 10 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
One Million Spotify Streams Nets Just $400 for an Average Artist
“At least on Spotify and Spotify-like services, it's about .4 cents per stream, and then that cent, that, that, that .4 cents, Gets cut up between the label, rights organization, et cetera, before the artist. And so it's reasonable, this is a crazy thing, but i…”
Swift Forced UMG to Distribute Spotify Equity to Artists Non-Recoupably
“In Taylor's negotiation, as a sticking point in her contract with UMG, she forced their hand to do the best deal of any of the labels by far. It's not public, but people think it's at least the same thing that Warner did, 25%. But non-recoupable, and given the…”
Ek: German labels hacking Spotify to upload audiobooks prompted podcast expansion
“What happened in Germany is all the record companies started uploading audiobooks to the service. So they started hacking the system for all these other things, and when they ran out of that, they actually started uploading podcasts.”
Ek: Over 150 million people listen to podcasts on Spotify
“And today there's over a hundred and fifty million people listening to podcast on Spotify.”
Rosenthal: Taylor Swift Made Over $100M From Spotify Streaming Alone in 2023
“Last year Taylor made over, well over. Reported, reported, this is reported. Well over a hundred million dollars from Spotify streaming alone.”
Ek: Spotify had only a few million podcast listeners in 2019
“In 2019 you know, when we got into podcasts the world around podcast listening and Spotify, there was a few million people listening to this.”
Ek: Spotify has way north of half a billion users
“What we realized is we should use this base of what was then several hundred million people and today's way north of half a billion people and just serve them more stuff.”
Daniel Ek: There are over 4 million podcasts in existence
“It's about a little bit more than double that now.”
Spotify Routes Roughly 80% of Stream Payouts to Master Recording Rights
“When you stream a song on Spotify, the vast majority of the payout goes to the master recording. So think the label. And when I say vast majority, let's call it 80%. A much smaller portion, 12% on average, goes to the owner of the publishing right, typically t…”
Recorded Music Revenues Collapsed From a $15B Peak to a $7B Low
“So, first of all, the music industry peaked in 1999 with about 14, fifteen billion dollars in recorded music revenues. So this is shipping CDs, basically. I mean, when you look at this line, and we'll link to the RIAA's wonderful Tableau diagram of this, it is…”