Having a musical idea, and recording it, expressing it the way that you thought it… That required a lot of effort, from a lot of engineers, at a studio, with a lot of expensive equipment… As recently as the mid 90s.
Now we’ve got Jacob Collier, winning Grammys from his bedroom.
To assume you can live off streams today would be like a journalist thinking they could survive off of tweets 3 years ago. Getting well edited thoughts out to the masses via the press required a lot of effort from a lot of engineers, at a studio using lots of expensive equipment.
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This is why more people need to move away from Spotify. They pay artists way too little.
That figure is potentially misleading. You want to know how much of your subscription or ad revenue is paid out. The per stream royalty is diluted by non-paying users, or by users paying lower rates (in poorer countries, etc). If you move your subscription to a service that pays out a lower share, then you pay musicians less, even if the average payout per stream is higher.
If ads don’t make enough money to pay artists, then Spotify shouldn’t offer a free tier. Don’t support a company that is hurting artists.
This is the kind of thinking that usually gets mocked on lemmy.