3 ms·

Yeaaah 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

by sbarre 9y ago

Yeaaah 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 ago
  Prior 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 ago
    It'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 ago
    I 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.

by sbarre 9y ago

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 ago
Prior 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 ago
  It'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 ago
  I 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.