Is stats for spotify trustworthy2/17/2023 Not only that, but YouTube allows artists to easily share their videos with their fans.Īnother factor is video. The service has over one billion active users and acts as a platform for worldwide exposure. The reason is simple: artists need YouTube. There’s a reason why artists complain about streaming services, but don’t say anything about YouTube. There are other streaming services with greater benefits. Regardless of whether it’s justified or not, a lot of that hatred gets misdirected to Spotify. But, artists are claiming that they are not seeing this, which frequently is caused by major labels taking a large chunk of the revenue and giving the artists a tiny share (if anything at all). The streaming service has repeatedly stated that they are pouring 70% of their revenue back into the music industry, which I don’t doubt is true. Spotify is paying out 70% of their revenue back to the music industry, but artists are typically not seeing this value.
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