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In Reply to: Interesting streaming service comparison posted by E-Stat on January 9, 2025 at 07:49:48:
These stats on revenue share per stream are misleading if the don't also include the number of times a track is streamed (or had the potential to be streamed). There is both a numerator and denominator to be considered here.
Example: Quboz has the highest revenue share at just over $0.01 per stream. Spotify is much lower at $0.0029 per stream. Spotify, however, has over 35% of the US market share (depending on whose stats you read) among streaming services. Quboz is in the single digits by comparison.
Let's assume Quboz has a markets share of 5%. So, if I'm a musician, one of my tracks is over 60 times more likely to stream on Spotify than it is on Quboz. Even though my revenue share is lower on Spotify, my revenue potential is much higher on Spotify.
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- RE: Interesting streaming service comparison - Whell 09:04:00 01/15/25 (0)
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