- Qobuz has published its average streaming speeds
- Many rivals talk about the total amount not which individual rights holders get paid
- At just over 1.8 ยข per Power pays Qobuz more than most
Streaming Service Qobuz has done anything that none of its rivals have so far been willing to do: It is said how much it pays for streaming – and it has also had its claims independently investigated.
Publication independently confirmed figures are a first one for an industry that prefers to talk about the big picture rather than the small details, and it is a very welcome development not only for artists but for anyone trying to be careful about the impact of their money.
According to Qobuz, in the 2024 financial year, an average of 0.01873 US $ per Current.
This money does not go directly to artists – streamers pay rights owners, typically record companies and music publishers; What artists actually get off depends on how good or bad their offers with these rights owners are – but it is a significantly higher average rate than other streamers are assumed to pay.
1.8 cents per Power may not sound like much, but Apple – one of the better payers – says the average 1.0 cents. Some other streamers are assumed to pay significantly less and offer reduced royalties in exchange for exposure.
Opinion: It’s great to see prices, yes!
It’s not exactly easy in today’s world, but many people try to shop pretty ethically where they can – and to know how much money is paid to artists are useful if you like me want to support the people who make the music you love so much.
This is especially true if the artists you love are not megastars: 1,000 player on Qobuz pays an average of $ 18.73, which is not much. But that’s $ 18.73 more than the rights owner gets some other services. And it certainly makes me feel even more positive for Qobuz.
Transparency is something I like to see and it is definitely a factor on the sites and services I choose to use. For example, I increasingly use Bookshop.org and Libro.fm for my book deliveries and audiobooks because I like how they work with independent bookstores and how transparent they are about who gets what.
The sum is not much, I know, but it’s nice to know that even when I can’t reach it to my favorite book Nook, I can still throw some money in their way instead of making a company even more cash.
Of course, people choose – or choose to avoid – the best music flow services for all kinds. But with everyone who essentially offers the same songs, this is another way in which streaming companies can differentiate themselves from their rivals by telling you what kind of company they are. More, please.
