I'd buy an argument like that for pandora, where you can't control play order or exactly what you listen to, but come on. Spotify is a total substitution for purchase: listen to pretty much whatever you want in the order you want as many times as you want up to and including 24x7. The $5/mo subscription gives you most even moderately popular music you want for the price of 4-5 cds, with shipping, per year. So obviously spotify shouldn't be forking out $.70 per track per play, but hearing things like artists like Jons Hopkins getting the price of a cd for 90 thousand plays (ie if a song is 5 minutes long listening to it for three hundred and twelve days) is far far too low. [1] I don't know how to set the right rate, but this isn't it...
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I'd buy an argument like that for pandora, where you can't control play order or exactly what you listen to, but come on. Spotify is a total substitution for purchase: listen to pretty much whatever you want in the order you want as many times as you want up to and including 24x7. The $5/mo subscription gives you most even moderately popular music you want for the price of 4-5 cds, with shipping, per year. So obviously spotify shouldn't be forking out $.70 per track per play, but hearing things like artists like Jons Hopkins getting the price of a cd for 90 thousand plays (ie if a song is 5 minutes long listening to it for three hundred and twelve days) is far far too low. [1] I don't know how to set the right rate, but this isn't it...
[1] http://news.ycombinator.com/item?id=3293892