15 ms·
> Comments like this one are a real puzzler to me. Why does it matter that the higher royalty is not out of altruism? It’s money! Money doesn’t care. More money
by dmitriid 4y ago
> Comments like this one are a real puzzler to me. Why does it matter that the higher royalty is not out of altruism? It’s money! Money doesn’t care. More money for artists is good. You can’t buy a cheeseburger with altruism.
All the money that streaming services pay out goes to copyright holders. Guess who the copyright holders are. If you say "artists", think again. For the absolute vast majority of music it's the Big Four/Three: https://en.wikipedia.org/wiki/Music_industry#Consolidation https://en.wikipedia.org/wiki/Music_industry#Consolidation
So, when the likes of Spotify pay 60-70% of their revenue to the record labels, and the artists get peanuts... Spotify (and Tidal, and Apple Music, and...) get blamed. Now this is a real puzzler.
- DangitBobby 4y agoBut the artist does get more peanuts if I stream on a service that spends more on royalties per play, yes?
- dmitriid 4y agoUntil the Big Four renegotiate the agreement, yes.
- 8note 4y agoIf they just sold it, then no? They might get more for their next sale, though I imagine the count of streams is more influential for that than the revenue per stream
- DangitBobby 4y ago> If they just sold it, then no? Please explain. > though I imagine the count of streams is more influential for that than the revenue per stream Whether I listen on Apple or Spotify, their count of streams increases by the same amount.
- deleted 4y ago[deleted]