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I strongly suspect the record labels are still siphoning off most the revenue for Spotify et al. Whatever deals they cut probably sap the lion's share of the p
by waterlesscloud 14y ago
I strongly suspect the record labels are still siphoning off most the revenue for Spotify et al.
Whatever deals they cut probably sap the lion's share of the profit, leaving a small pie for the indies to slice amongst themselves.
And of the share they get, I bet a large chunk stays with the label rather than passing through to Gaga and company.
I'd really like to see some numbers on that, but of course they'll never be made public. Which tells the tale on its own, really.
- gtani 14y agoHeres one perspective on how artists might choose channels http://www.noisemademedoit.com/how-to-earn-money-with-music/#.UBtTFaOP-dI http://www.noisemademedoit.com/how-to-earn-money-with-music/...
- dododo 14y agointerestingly, with spotify and last.fm, artists get a higher proportion of the total money (15.3% and 15.8%, respectively) than they do with amazon/itunes (14.5%). it's surprising to me that it's so low for the artist in these cases.
- leviathant 14y agoPatently false. There are several things misrepresented by that well-meaning graph, and if it leads you to believe that musicians make more money from Spotify and Last.fm than form Amazon and iTunes, that really should be corrected for, because that is absolutely not the case in my experience, and Zoe Keating's numbers seem to echo what I've seen in the field. The info graphic cites, among other things, 'industry sources.' Zoe Keating, on the other hand, is a completely transparent actual industry source. Don't be surprised that artists exposing their revenue information make less than you think, be surprised that in 2012 people still buy the garbage statistics handed out by unnamed 'industry sources'
- dododo 14y agoi think you might have misunderstood what i wrote. i didn't say artists make more money from spotify/last.fm. i said they got a higher proportion of what was paid. either way, it sounds like there are just anecdotes on both sides, so there's no actual information either way.