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knaughttoday at 4:28 PM2 repliesview on HN

I bet you're a blast at parties. Everything about this is publicly verifiable.


Replies

ljloleltoday at 4:37 PM

it’s true (ran a music company)

doctorpanglosstoday at 5:49 PM

while i do not think you should be downvoted for your comment - I think it is pretty representative of creatives in the music industry, who just seem to be more pissed off in general than others - the thing that is too good to be true is your monetary estimate of value. Of course, if your tool reported the honest answers (nearly "zero" for everybody), people would not pay attention, and this lead gen tool you have developed would not be very interesting.

In your own words:

> We take your Spotify stream count, estimate what that means across all services, take the US portion, and multiply by the US mechanical rate.

As someone who models stuff for part of my living, I understand the spirit of what you are achieving here, but there are too many assumptions / genuine unknowns. Like just in terms of the things you said: you would need the real premium and and supported stream counts over time, the relative market share and stream counts in other services over time, broken down by country, and of course, what "mechanical rate" really means, because there's what Spotify pays versus everything else, and what Spotify, for example, pays, is really fluid.

For other readers: Artists certainly think in terms of pay per stream, but that's not really how Spotify pays, for many payees (the MLC and the other categories). So even though this guy making this website is a professional in the music industry and knows all this, he is so focused on lead gen that he keeps things simple - fine, that's valid - but nonetheless wildly inaccurate.

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