If you're young, I really suggest you do the math for how much Spotify will cost you for the rest of your life at current prices, consider that that number is a minimum, and then look at the one time prices for DRM free albums on sites like Bandcamp or 7digital.
Streaming music just does not make sense to me economically. Listener doesn't win, the musician doesn't win... the only winner is the useless gatekeeper.
I dropped Spotify 3 or 4 years ago now, and I am glad I did.
This doesn't really reflect the way a lot of people listen to Spotify.
It's like the radio. Yes, there are some classics you always go back to but there's also a constant stream of new music entering the mix as other music exits it. Not to mention the underavailability of music on a service like Bandcamp. What % of the top Spotify tracks can actually be bought there?
Don't get me wrong, I'm no fan of Spotify. But streaming music ushered in a new way for people to interact with music. I personally think it's worse but clearly plenty of people disagree. And I think we wear rose tinted glasses when looking at the past. I’m old enough that I actually did buy albums back in the day, I have a great memory of running out to get Radiohead’s Kid A then sitting in my room listening to it in its entirety. But if I were to actually take stock of how many of those albums I still listen to today… I can’t even remember a load of them. There were a bunch of misses on there that I’d probably have been better off not buying.
The only way I ever listened to as many artists as I do on Spotify is through borrowing friends' hard drives to copy their music, and my selection was much more limited. Spotify pays the artists something and it lets me know when there are concerts too. I'm not saying it's good, but it is uniformly better I think.
> This doesn't really reflect the way a lot of people listen to Spotify.
I know. My music listening habits have changed since I dropped Spotify. I am not less happy for it. In fact, I value the music that I listen to much more now, since the music I listen to is pretty exclusively a set of music that I thought was good enough to pay money for specifically.
> Not to mention the underavailability of music on a service like Bandcamp. What % of the top Spotify tracks can actually be bought there?
When you add 7digital and Amazon music, I think the % is over 100. I have never not been able to find a DRM free distribution of an album or song that I wanted.
I played 5000 songs through spotify just last year. I don't listen to the same songs over and over. It would cost an insane amount of money, time, and space for me to discover even close to the same amount of music without Spotify (or some other streaming service). I consider Spotify an insane value at most any reasonable price because I really love listening to and finding new music nearly instantly.
This seems to be the point most people are ignoring. I'm on the Spotify family plan, with 4 people using it almost all day. The amount of songs we've discovered, played, etc is absurdly high. We churn through music constantly, so even if I pirated everything, it would be ridiculously time consuming and not worth the effort to curate things the way I have with Spotify. A good batch of the music I listen to isn't even available to pirate; back in the day I had to use youtube-dl to find and download those and sometimes the quality was terrible.
All that being said, I'm not buying the "innovation" bullshit excuse they're throwing at us and I think such a large price hike for the family plan is too high, but it's still at a price point for me that doesn't justify moving to something else. There is a limit though, and at some point I will just move back to the high seas (like I did with movies).
Yeah, me too. I'm constantly going down unheard paths. For me it's Youtube Music, but my life would be considerably less enjoyable if I had to weigh the cost of buying every CD I listen to. I also wouldn't have discovered a ton of music for groups whose albums I have since purchased. Without it I would have never discovered 90% of the artists I now love.
You're devaluing your own labor and perpetual storage costs for eternally maintaining your own library, and making it accessible to each device you want to listen from. With streaming, there's just a single set of credentials to manage, and then I can access anything I want from any device I want. I don't have to store new music anywhere, or pull it down to other devices.
It also ignores multiple aspects of discoverability. If I hear a song I like from an artist, I can spend zero marginal dollars to find out if I like anything else they've made. Or the algorithms can suggest new things similar to other things I like.
I don't use Spotify, but only because I watch enough youtube that I view youtube music as "free" with youtube premium. But if that weren't the case, I'd still consider streaming to be a pretty good deal to avoid the perpetual hassle.
>You're devaluing your own labor and perpetual storage costs for eternally maintaining your own library, and making it accessible to each device you want to listen from. With streaming, there's just a single set of credentials to manage, and then I can access anything I want from any device I want. I don't have to store new music anywhere, or pull it down to other devices.
The value of my labor and storage efforts are worth both the control I have over my collection and my ability to ensure that I will keep what I want for as long as I want to.
>It also ignores multiple aspects of discoverability. If I hear a song I like from an artist, I can spend zero marginal dollars to find out if I like anything else they've made.
I can easily do this with any number of already-existing tools, including Bandcamp.
> With streaming, there's just a single set of credentials to manage
The same credentials I use to buy new music: my password manager master password.
> and making it accessible to each device you want to listen from.
Syncthing directory; set and forget just works on all my devices.
> If I hear a song I like from an artist, I can spend zero marginal dollars to find out if I like anything else they've made.
Streaming services don't vanish when I primarily listen to DRM free music. Sometimes I find new music on Youtube. I usually find new music from word of mouth.
I don't know, I just don't see any of these as limitations that I run into.
For that first one, it should be read as "the only thing to manage is a single set of credentials", not focusing on the numbers of credentials per se. Good examples of things you don't have to manage with streaming: how to setup syncthing on any devices, any storage to hold the media, or any configuration to make the storage available over the internet. Maybe it's not that hard if you know what you're doing, I'm confident I could manage, but it's darn nice having to bother. It certainly takes far more marginal work to manage than streaming, if only because streaming requires no marginal work to manage.
Just doing a bit of back-of-the-envelope math: 40 years of Spotify assuming 4% annual increases would end up being around $13,700. However, if prices increase a little faster, the price goes up fast. 6% annual increases makes it over $22,000 and 10% annual increases would make it nearly $64,000.
Individual tracks tend to cost me $1.29 or less so that's well over 10,000 songs even assuming only 4% annual increases.
Some people might listen to a huge variety, but others certainly use music streaming services to listen to a small set of songs.
It doesn't make sense to assume 4% annual increase, unless you're assuming it will outpace inflation by 4%. Just ignore the inflation and do everything in "todays" dollars, and then you'll get an answer that actually makes sense to you. Right now you've assumed inflation in the calculation, but then got a result that is pretty meaningless, because $13,700 today doesn't mean what it will mean in 40 years.
10'000 songs × 1.29 $/song = 12'900$ to spend on music as a one-time up-front purchase. That's certainly an interesting proposition.
If you stick that in an ETF for 30 years, you expect to get investment×(returns-inflation)^years = 12.9k×(6%-2%.)^30 = 12.9k×(1.04)^30 = 41.8k. (Does someone have a formula for a 90% confidence interval at, say, 30 years?)
It doesn't quite pay for the streaming service but it goes a long way. If you decide to buy music and rent or buy a server instead, there's additional costs to factor in
Edit: wait I don't think I factored in the inflation correctly. It should not be a factor in ETF returns, only in the cost of commercial streaming services right? So the amount should be higher, making commercial streaming services comparatively more attractive? Might need to factor in 30% income tax or something though. Hmm... meh, I'm going to call it close enough (typing this out on mobile is a bit of a pain)
You can build a nice little collection on your phone/laptop that's offline first (offline only), won't track you, doesn't have a horrendous UI (vanilla music on android > spotify).
Also, yes, you're saving hundreds every year.
Maybe you can use that money to buy some merch or tickets to a show. That will give more to the artists you listen to than the pennies spotify cough up.
It's responsible to do the calculation, but for those who have diverse and curious tastes in music, it often won't add up in favor of buying over streaming. I spent a lot more purchasing music before streaming became widely available than I have in the decade+ since.
Of course, if you're open to supplementing an owned archive with ad-supported streaming for discovery, special listens, etc then the math changes again. But you're usually inviting lower quality streams, less control over what you hear, and all the annoyance of interstitial ads.
As someone who has gone through cassette tapes, CD albums, and other fun audio tech over the years (hi Sony Minidisc!), I am very happy to pay Spotify for their collection, new music discoverability, and availability, while also hating their podcast junk, poor user interface, and ignored feature requests. There's no perfect solution for everyone and it's especially true in this space. Even though Spotify has good discovery, I really miss Pandora for its channels that were amazingly tuned.
> happy to pay Spotify for their collection, new music discoverability, and availability, while also hating their podcast junk
Spotify is fast entering that size of product where users who use it most all use different subsets of features. I’m there for the music and just thinking of Spotify as a podcast player feels weird. Yet I have friends who use it for nothing but podcasts.
If you're young, I really suggest you look at the price of CDs in the 90s, calculate for inflation, and _get off my lawn_!
Serious question - Do the DRM free albums represent a broad swath of music? Or is it just a niche "a few artists do this" kind of thing? I suspect you're not comparing apples to apples, but I haven't looked into album prices since I started using streaming services.
A broad genre of music, yes. I have all sorts of styles I've purchased from Bandcamp: Harpsichord suites, Breakcore, Video Game themed music, remixes, I've purchased a few major-label items from Beatport as well, all drm-free.
It's out there if you look, especially if you're looking outside of mainstream, radio-played artists.
Genre seems like a funny way to qualify that. If I want Metallica I'm not going to be happy that it only has Creed just because it fits in the same rough genre. I certainly like searching through genres, but if I'm looking to buy music I'm buying it based upon an artist and album I like, not because it's also harpsichord.
Right, of course. Rightholders make it difficult for some of these catalogs to offer EVERYTHING as a consistent DRM-free product at a reasonable price, so they play games with only offering some of their catalog here, and other parts there. (And some parts, not even at all)
It'd be awfully nice if the all the major labels offered a site where you can exchange a a reasonable amount of money for any track in their catalog, but it seems market forces make that a non-starter.
Between Bandcamp and 7digital I almost never am unable to find what I want. When I am, I have been able to get what I want DRM free from Amazon Music. So, no, it is not a niche thing.
I find myself contemplating this more and more now, especially as my interest in discovering new music has declined significantly as I enter middle age. My biggest concern would be replicating the cloud aspect of streaming music. Is there a good solution for having access to my library on all my devices as well as my sonos system?
I can listen to my DRM free music from anything with speakers by just converting my FLACs and copying files where they need to go.
The only way I can play music in my car is radio or USB storage. There is an aux port that is broken, and bluetooth only works for call audio. I play my music from a USB drive.
That's fine, but going and sourcing DRM free versions of everything I want to listen to, managing the conversions, making it available in a cloud streaming setup of some kind, all of that just sounds like more work than I really want to do
By that calculation Spotify is way cheaper. If I kept up my CD purchase habit at the same rate as I did in the 90s and to accommodate my exploration of music that Spotify et al have enabled I would have many thousands by now.
> rest of your life at current prices, consider that that number is a minimum
I mean, sticking the money that 1500-odd songs would cost me to purchase into an ETF instead is also an option. Sure, Spotify's rate will increase as years go by, maybe more than inflation or maybe less, but there's also a cost to this up front purchase plus the running costs of a server with backups plus the time investment of: server maintenance, music discovery, music purchasing, and music uploading
I'm all for DRM-less solutions and applaud anyone who runs their own music server with Opuses they've fairly bought, but it's a bit too simple to say anyone should do this lopsided math and use that to compare prices
> I dropped Spotify 3 or 4 years ago now, and I am glad I did.
That's cool! I expect this is a win for the artists you love and I'm glad you're happy with the decision from a user's perspective as well. I play with the idea sometimes as well and also have a small collection from my teenage years still (that I occasionally listen to when without internet), but not sure this is for me overall
So this is about one album per month. The accumulation of music might be slow at the beginning, but I could imagine that 3-4 years in you have quite some collection.
For me, it's not the cost of the albums. It's the delivery system. Many years ago, I ripped my albums (300+), made them enabled on a media server. It was unintuitive and required maintenance. It did not pass the wife-acceptance test.
Spotify just works (for us). It's got almost everything we want to listen to. There are no tasks required for me to listen to anything. IMO, this is worth any extra costs.
I don't normally listen to more than two songs from one album (maybe four at most). Amazon sells individual songs at $1.29, so $11.99 would cover nine songs a month, and after three years you'd have 324 songs. That would be far more than all of my current Spotify playlists (including the ones I never listen to).
Interesting to think about. I did the math quickly, assuming you take the ~$12 and invest it instead here's what you end up with
$12/mo invested to return ~6% over 30 years:
End balance: $11,751.08
Total Interest: $7,431.08
Total not spent on Spotify: $4,320.00
Over a 50 year time horizon, the numbers become more fun:
End balance: $43,155.05
Total Interest: $35,955.05
Total not spent on Spotify: $7,200.00
Of course, bunch of assumption, 6% return, past performance doesn't indicate future return etc etc, and I doubt Spotify is going to exist in 30 in its current form, small probably it does, but odds are against that if I had to bet.
Maybe those boomers are onto something about avocado toast /s
Streaming music just does not make sense to me economically. Listener doesn't win, the musician doesn't win... the only winner is the useless gatekeeper.
I dropped Spotify 3 or 4 years ago now, and I am glad I did.