Sorry I’ve been quiet: still ill. But not too ill to predict doom! DOOM!
in order to exist, Spotify has to pay the bills – and you can be confident that it’s paying rates that the BBC would laugh at. By all accounts the going royalty rate for streaming music is around 1p per stream, which doesn’t sound like a lot until you start getting lots of users.
One user listening to ten streams per day is 10p a day, or £3.00 per month – which means Spotify’s paying more than the BBC spends on its entire radio and online output.