In this explosive episode, we dive headfirst into the murky waters of the music streaming economy—and it gets heated. 💥 With over 602 million monthly active users and 236 million premium subscribers, Spotify dominates the global music landscape. But is it good for musicians?
We’re joined by Tom Austin-Morgan—musician, journalist, and industry insider—for a no-holds-barred conversation about how the Spotify bonus model and pro-rata payout system are failing the very artists who fuel the platform. 🎶
Did you know artists need 250+ streams just to earn $1? Which basically means they'll need to be getting 1m+ streams a month just to make minimum living wage. Or that 90% of streams go to the top 1% of artists, leaving everyone else fighting over scraps? This episode breaks down how the economics are stacked against bands, why algorithmic gatekeeping matters, and how labels and DSPs may be profiting at the expense of creativity.
We don’t hold back. Expect strong opinions, real data, and a few uncomfortable truths.
đź”” Subscribe for more rare shares and deep-dives!
💬 Let us know your thoughts in the comments—Is streaming broken beyond repair?
🎸 Follow Electrasy:Â
@electrasymusic on all socials www.electrasy.online
#Spotify #StreamingEconomy #MusicIndustry #TomAustinMorgan #IndependentArtists #BandLife #MusicDebate #SpotifyBonusModel #MusicStreaming #BehindTheMusic #IndieMusic #StudioVsGarage #MusicIndustryInsider #AlbumRecording #LostTapes #ThrowbackTracks #BritRock #90sMusic #UnsignedAndUnfiltered #MakingAnAlbum #Songwriting #MadStories #PodCast #Vlog
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