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This song was written and released 24 years ago and earned its creators probably a million dollars on just this single streaming platform this year. That seems
by ashelmire 8y ago
This song was written and released 24 years ago and earned its creators probably a million dollars on just this single streaming platform this year. That seems pretty damn good. Remember that streaming platforms are just one small piece of the pie.
- jjeaff 8y agoHmm, and Google makes many billions of dollars on their search engine every year. So all the little indy startup search engines must be making an ok living, right? The music industry is very, very top heavy when it comes to income distribution.
- ashelmire 8y agoI think a reasonable amount for a musician to earn is comparable to the average income. So let’s say what... 200$ / day? If they get $50/day total for their entire catalogue from just Spotify that’s pretty damn good and probably puts them at more than $200/day between streaming, song and album sales, and live performances and licensing. And that only takes 6000 total plays. Let’s say double that for dilution amongst other copyright holders or label or whatever. That’s not that much in terms of plays. Everybody wants to be a millionaire artist, but the economics don’t support that.