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Moreover, none of these services would exist if it weren't for the artists and labels capitulating and licensing their products for penurious rates.
by WalterSear 9y ago
Moreover, none of these services would exist if it weren't for the artists and labels capitulating and licensing their products for penurious rates.
- sbarre 9y agoYeaaah I think this is a weird position to take. The market for music is correcting from a time when publishers acted as artificial hit-makers and rent-seekers and imposed a monopoly on the distribution of music, and a small select group of artists got rich in the process (and we all paid many times over for the same content as formats changed). It "corrected" too far for a while with piracy, that exploded as a reaction to a bad market, but now with Apple Music, Spotify and other subscription services, we have achieved "better than free" for those of us who are willing to pay a fair price for a good service. Today's system may pay less at the top (and in the middle) but it pays out to way more people overall who can now more realistically make a living as musicians. Speaking only anecdotally, I personally know of 3 bands who now make enough money with digital royalties + occasional touring to live a "typically middle-class lifestyle". They would never have been able to do this back in the major labels + physical distribution days.. I guess to bring this back on-topic, I think there would be a market for someone to provide intuitive, personalized and multi-source access to high-quality news articles and investigative journalism..
- WalterSear 9y ago"Average per-stream payout: $0.004891" https://www.digitalmusicnews.com/2016/05/26/band-1-million-spotify-streams-royalties/ https://www.digitalmusicnews.com/2016/05/26/band-1-million-s... "If you’re trying to live off your Spotify spins, stop it right now. Taylor Swift makes $400,000 off Spotify in a weekend. But nearly everyone else making bubkes. Which means if you’re hoping to making streaming your breadwinner, you’re probably snacking on crumbs." https://www.digitalmusicnews.com/2017/06/21/spotify-million-royalty-indie-tunecore/ https://www.digitalmusicnews.com/2017/06/21/spotify-million-... I would hazard that, for the corporations that manufacture Taylor Swift, $400k is bubkes too.
- vkou 9y agoPrior to streaming services, thanks to piracy, and not having money, I paid $0 for music in my life. Over the past 5 years, I paid ~$500 for streaming subscriptions. It is incredibly unlikely that I would have bought $500 worth of albums in this time period. This is money that would have been left on the table. What does half a cent per stream mean in this context? Half a cent per single song play? Per album play? How many cents do you pay per play to the artist for a song that you bought, instead of streamed?
- WalterSear 9y agoIt's half a cent per song play. Artists on record labels will be receiving a small percentage of that, independent artist will pocket most of the half penny, and consequently will get paid ~$480 for every 100,000 plays. After $100 registration per album, on CDBaby, the artist receives 100% of the receipt. Bandcamp takes 15%. So, yes, there are ways to buy music in which an artist receives the money: we just don't choose to buy albums because streaming is cheaper and more convenient. But don't fool yourself: virtually none of the $500 you paid went to support the artists or further their work.
- deleted 9y ago[deleted]
- jtuente 9y ago> https://www.digitalmusicnews.com/2017/06/21/spotify-million-royalty-indie-tunecore/ https://www.digitalmusicnews.com/2017/06/21/spotify-million-... Over the course of 3 months (the last month had a whole 30 streams, so mostly ignoring it): 2 albums and 42 songs sold - $57.42 4.3 million songs streamed - $5077.87 The real take-away: All that streaming isn't translating into digital album/song sales.
- WalterSear 9y agoI can't understand why anyone would expect it to. Why would anyone buy something you've already got? For most use cases, it's not even a essentially different format.