this post was submitted on 21 Jul 2023
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According to the report, Spotify will raise its standard subscription rate by $1 next week, bringing the monthly cost from $9.99 to $10.99.

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[–] [email protected] 14 points 1 year ago (2 children)

Pretty much inevitable I've been amazed they went this long. $10 just does not seem sustainable.

[–] [email protected] 8 points 1 year ago (1 children)

Im fairly sure they manage because they have so many subscriptions from people that barely use it.

They basically pay out per song played - and server costs are also largely dependent on active users. So they balance out a very active person that might incur 15$ in cost with 5 inactive people that incur not even a dollar.

[–] [email protected] 2 points 1 year ago

Then there are people like me who do use Spotify a lot, but I'm mostly listening to the same stuff most of the time. Unless I'm trying to find new things or listen to a podcast, it's most likely all cached on my device.

[–] [email protected] 3 points 1 year ago (1 children)

Well, they pay artists 0.03¢ every 1000 play or something...

[–] [email protected] 1 points 1 year ago (1 children)

I guess I don't really know exactly how their model works, but I'm guessing that is only for independent artists. I bet they paid big bucks to the major record labels.

[–] [email protected] 1 points 1 year ago (1 children)

To record label yes, to artists, no

[–] [email protected] 1 points 1 year ago

Yes and thats my point. The $10 a month is likely not sustainable because of their contracts with record labels.