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Spotify, Topspin Create New Revenue Stream

  • Gigaom, Tuesday, December 3, 2013 2:32 PM

After an increasing backlash from some high-profile musicians, Spotify is going on the offensive by sharing some information on how it generates money for the music industry. Aside from average pay-outs, which range from $0.006 to $0.0084 per play, the service is also offering musicians detailed statistics, and even an additional revenue stream: Spotify has teamed up with Topspin to allow bands to sell merchandise through its service.

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