"If everyone who streamed All Hell on Spotify had done so using Tidal instead, we would have received an extra £31,847.38, which would double the amount we made from streaming of the album in this time period. Or if everyone used Apple Music it would have been £12,331 more." Los Campesinos:
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loscampesinos.comHere’s how much money Los Camp! make from streaming… - Los Campesinos!
This is actually no longer necessarily true on Spotify. Spotify now pays no royalties *at all* for a huge proportion of music on the platform, each individual *song* has to qualify for royalties before any payout. One band I know actually ended a year with Spotify claiming *they* owed Spotify money.
My assumption for why bands are on Spotify is inertia— there was a time when the proposition kinda made sense, but it does not make sense now. Some bands are pulling out already.
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