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A better metric is to work out if that 20% is bigger and better off than the previous generation of artists. I'm willing to bet streaming has made the industry
by throwaway3699 6y ago
A better metric is to work out if that 20% is bigger and better off than the previous generation of artists. I'm willing to bet streaming has made the industry better when looking through that lens.
- JohnTHaller 6y agoI kinda doubt it. Streaming rates are akin to radio instead of actual music purchases.
- deleted 6y ago[deleted]
- 6gvONxR4sf7o 6y agoWould you control for population growth? It's always tough in these questions. Do you need twice the music for twice the people? You sure need twice the music jobs, from the artist side. So even if the 20% is bigger, it might be relatively smaller.
- AlexandrB 6y agoOverall revenues are still below 2000 levels[1] and split between more artists thanks to streaming. It's probably worse for the "middle class" who are not getting millions of plays per month but also losing some of the potential income to the "long tail" of artists getting a few hundred plays each. [1] https://www.statista.com/statistics/272305/global-revenue-of-the-music-industry/ https://www.statista.com/statistics/272305/global-revenue-of...
- grogenaut 6y agoIt hasn't. I've seen numbers for folks like Dolly Parton. She makes less in a year than I spend on coffee in streaming revenues. It is several orders of magnitude less than she makes in music sales.