(wow) Words Of Wonders Level 2302 Answers – “Our mission is to unlock the potential of human creativity – enabling millions of creative artists to experience their art and enabling billions of fans to enjoy and inspire them.”
This week, the company freshly falsified its mission, saying, “We estimate there are around 200,000 professional or professional recording operations in the world.” Of course they won't rest until they support these 200,000 professional recording artists, but the other 800,000 … they can't be professionals compared to Spotify, but what if they can make a living from their art?
(wow) Words Of Wonders Level 2302 Answers
The stupidity of these statements can be called corporate stupidity. But Spotify does not own them and expects them to disappear quickly – they do so by posting on websites that are planned and advertised through PR campaigns. And then they threw the stats the same way. Here's how they describe 200,000 music professionals on Spotify: “165,000 artists have released ten songs at any one time (meaning they have work to pay) and an average of more than 10,000 listeners per month (which is the first viewer).
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It looks like the interruption (ten songs and 10,000 listeners per month) won't reach 200,000 – but wait…
“We're also seeing this in our integrations with Songkick, Ticketmaster, and many of our other live and virtual ticketing partners: 199,000 artists listed plays, live concert events or virtual events in 2019 (not affected by last year). It shows professional activities outside of flight.”
So it lists 199,000 artists playing in online concerts – not related to streaming or recording music, but whatever – looks like 200,000. special one. Because it's worth noting that not all recording artists with 10 songs and 10,000 monthly listeners played live in 2019? Like the Beatles… or Miles Davis… or anyone who died and/or didn't get a chance to air a 2019 game on Songkick or Ticketmaster…
Ignorance aside, why is Spotify so interested in torturing the statistics of these 200,000 professional musicians (especially if their plan is to support 1,000,000 of them)?… Say this:
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“By these estimates, more than a quarter of these professional artists earned more than $10,000 from Spotify alone in the last year (that's more than $40,000 in all recorded revenue, and even more when you consider travel, shopping, and other businesses, many things.)
Basically… it doesn't make any sense. But we are wrong. 200,000 = 50,000 “future pro” artists will earn $10,000 gross from Spotify by 2021. Can't they say that?
Of course they did – there's a movie at the top of their “Loud & Clear” website – and what's more, it's probably based on real numbers. But I think it's best to leave the gap between the 52,600 publishers making $10,000 a year and their mission to “give millions of creative artists the opportunity to experience their art” without a smokescreen.
Let's talk about blowing smoke: Let's keep in mind that Spotify's bragging artists here are $10k in 2021. Not just for one edition, but for all copyright catalogues. And not from any platform, but claiming the same percentage of traffic that Amazon does for online shopping. Despite what Spotify says about “total reported revenue” (without lyrics) among its $10,000 to $40,000 contributions, it's still the largest platform and publisher, accounting for 83% of all music revenue in the US (according to the RIAA).
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In other words, $10,000 a year from Spotify isn't enough to support a single musician, much less than 52,600. Or 1,000,000 of them.
Spotify isn't making much money — they'll pay out $7 billion to shareholders in 2021. But given the drop in average annual wages, they'll have to tell us where that money is going:
500 “Artists List” (top 500 of all artists by audience). Average Copyright Produced in 2021: $4 million 2,700 “old artists” (over 500,000 monthly listeners in 2021 and 80% of tracks are over 5 years old). Average royalties achieved in 2021: $473,000 26,900 “Resident Artists” (amongst the top 50,000 artists over three years in audience). Average royalties achieved in 2021: $218,000 21,600 “artists listening” (under 1 million streams before 2020 – and currently in the top 50,000 of all artists by streams). Average Copyright Produced in 2021: $90,000 4,900 “Professional Artists” (more than 25,000 monthly streams on 90% of tracks categorized as Kids, Classical, Easy Listening, Holiday, Religious, or Soundtrack). Average Copyright Produced in 2021: $36,100 27,400 “Market Movement Artist” (more than 25,000 monthly listeners and one in 17 markets – Argentina, Bolivia, Brazil, Chile, Colombia, Greece, Italy, Northeast, Africa, Mexico, Sub-Saharan Africa, excluding Mexico), Russia, Thailand, Turkey, South Africa, Venezuela and Vietnam – 25% increase in 2021. Average royalties in 2021: $24,800 72,700 DIY artists (more than 10 listens per month and share music on Spotify via artist distribution).
Understand? Of course you are not. There are seven or less random categories defined by rules that are not the same as those that led to the calculation of the world's 200,000 professional musicians. But still, don't get me wrong…
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If we add the number of artists listed in these seven categories, we find 156,700. It's not the same as 165,000 artists who always release at least ten songs with an average of over 10,000 listeners per month. , ” but close (Ask Spotify to be clear on the numbers and they're not perfect.) It's reasonable to assume that these two numbers are even and represent a 165,000 breakdown of “professional” accounts with seven parts.
However, things get kerflooey when you try to add dollar amounts. Multiply the annual revenue by the number of artists in each category, and the total amount paid to these 156,700 accounts will exceed $13 billion by 2021…or nearly double what Spotify pays all rights holders.
Back to the drawing board! These seven categories are not mutually exclusive, but do they overlap? Are there DIY marketers or any DIY marketers joining and leaving the ranks of traditional market makers? Hmm…
It seems that's all we can deduce from these drop figures… whatever the transcripts tell us about artist earnings, it's not.
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Let's go back to the total number of artists in these categories – 165,000 to 156,700 – all the “professionals” on the platform selected by Spotify. Add this to another Spotify comment on their recording:
There are 7,843,300 people who don't fit into these seven categories, and 7,835,000 people that Spotify doesn't consider “professional”.
In other words, almost every account on the platform will be cleared of all the above problematic accounts.
Tim Ingham of Worldwide Music Business focused on this great story and made some great movies to show it. Here is a chart from MBW showing the ratio of “Professional” accounts to all accounts on Spotify – Professionals are the smallest part of the hour:
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Here's – and it's great for me – a table that removes the listener and revenue issue and distinguishes between accounts that only stream music for the album and those that don't:
So don't even think about money laundering, Spotify chooses to bargain in more surprising ways. What Spotify is telling us is that in a wave of randomly defined categories and inconsistent numbers, many of the artists on the platform may not be who we think they are. At least 98% are unprofessional as defined by Spotify. And 67.5% don't make albums.
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In the current political and military crises, we are all exposed to this version of propaganda. “Fill the limit with luxury” is a strategy identified with its creator, Steve Bannon.
