Part 3/9:
Contrary to popular belief, the landscape for artists on streaming platforms, particularly Spotify, may not be as daunting as many assume. Current figures indicate that having just 1,000 monthly listeners places an artist in the top 8% of all musicians on Spotify. The threshold for being considered in the top 1% is around 100,000 listeners. This alarming statistic reveals a stark reality: only a small fraction of all artists are achieving significant play counts.