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In the old days you REALLY needed the record companies. But with digital distribution for sales. And the possibility to accurately log each play of a song on st
by Qantourisc 11y ago
In the old days you REALLY needed the record companies. But with digital distribution for sales. And the possibility to accurately log each play of a song on streaming services, and compensate the artists for that. Why are they still used ?
The biggest problems will occur from artists want a$ per play, but the streaming services only has b$/(month*plays).
- davidgerard 11y ago1. Streaming is comparable to radio plays, not record sales. Radio plays got royalties, but they were tiny as well. 2. Spotify has more tracks than subscribers. Essentially, it's the vast oversupply of artists in the modern age.
- Jgrubb 11y agoRe: #1 - Radio play generates mechanical royalties for the publisher (usually the songwriter). They vary I think based on when the song was published, but they're currently at $.091 per play - https://www.harryfox.com/license_music/what_mechanical_royalty_rates.html https://www.harryfox.com/license_music/what_mechanical_royal.... This is probably 3, maybe 4 orders of magnitude more than what online streaming rates are currently.
- bjterry 11y agoThat makes sense, as a radio play is probably heard by 3 or 4 orders of magnitude more people.
- davidgerard 11y agoThat's not per-listener, though, which would be the relevant number for comparison.