journovampire writes with this story about how much artists make on Spotify. “Pandora founder Tim Westergren has claimed that the company is paying out ‘very fair’ sums to artists, despite its per-stream royalty weighing in at just one sixth of Spotify’s. The digital personalized radio platform has previously gone on-record as saying that it pays music rights-holders approximately $0.0014 for each play of their tracks: Westergren blogged in 2013 that Pandora pays ‘around $1, 370 for a million spins’. That’s around 80% smaller than Spotify’s per-stream payout, which officially stands somewhere between $0.006 and $0.0084.” Read more of this story at Slashdot.
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Pandora Pays Artists $0.001 Per Stream, Thinks This Is "Very Fair"
