2 ms·
This solves one problem, in that I the consumer can be confident that my money is going to the artists I enjoy. I don't think it solves another problem, which i
by brendoelfrendo 3y ago
This solves one problem, in that I the consumer can be confident that my money is going to the artists I enjoy. I don't think it solves another problem, which is that you have a flat-fee being split many different ways. Most people don't listen to just one artist, they may shuffle their favorite songs or listen to a discovery playlist to find new favorite songs. Such a system isn't going to send $2 to 2 different artists per customer, it's going to send fractions of pennies to potentially dozens of different artists. Worse, the more music a person consumes, the more diluted their subscription fee becomes.
It doesn't really address the problem of paying artists per stream, it just means that the per stream rate is variable and dependent on how willing your fans are to play your music on repeat each month.
It's still probably better than the current model, but the only way I'd really be comfortable with it is if we cut out the middle-men. For example, a service owned and operated as a non-profit (or profit-capped) organization owned by an artist collective. The artists set the monthly price based on what makes sense for them to make a living, and the cut given to the service can be minimized to what it takes to run and build the service rather than what it takes to make a profit on top of the work of the artists.