Did some quick googlin’:
“Spotify pays artists between $0.003 - $0.005 per stream on average. That works out as an approx revenue split of 70/30 - so that's 70% to the artist/rights holders and 30% to Spotify.”
The rights holders (usually music labels/producers) get on average 2/3 of the remaining 70%.
Some interesting points from this article:
https://www.usatoday.com/story/life/202 ... 094437001/
“In August 2022, Democratic congresswoman Rashida Tlaib introduced a new resolution calling for new streaming payment systems to fairly and directly compensate artists every time their music is streamed. Tlaib’s release included a staggering calculation. It would take more than 800,000 streams a month to equal a wage of $15 an hour.”
“Mackenzie Miller is a 22-year-old singer based in Seattle. Her single “Peach Lemonade” gained nearly 14,000 in the first few weeks of its release, but her paycheck was barely $5.
“You have to have an enormous amount of streams to even make minimum wage,” Miller says. “If your streams plateau, if people aren’t listening to it as much anymore, you’re not going to get paid anymore.””
Fattie_Vedder wrote:Neither am I, and I could be totally wrong, but my impression is that it’s much easier for smaller, independent artists to make and produce music since the means of making and producing music has been democratized via technology. But the large streaming platforms like Spotify have a crushing monopoly on the streaming industry where only the biggest and most popular artists can make money from streaming because they can generate the volume. Spotify pays an abysmally minuscule amount per single stream of a song. I think most artists make their money from touring and merch.
Maybe Ed is onto something…
96583UP wrote:i am not a music industry expert by any means
but as a lay person, it does seem that the evolution of online / apple music as a distribution mechanism for albums may have had a leveling effect on major record labels?
maybe put differently, the major labels which previously used an (intense) indentured servant model to sign their artists don't seem as crazy any more because they can't be, because they no longer have a monopoly on the channels of media distribution?
or am i totally wrong and they still do they just make even more money quietly now due to the amplification effects of online media
just seems like fewer artists bitching about controlling record labels these days
which was a major theme in the 90s (and understandably so, the business practices sounded heinous)
and maybe there is less to hate now
or maybe all the artists now are just assfucker losers who don't protest bc they have no self-respect to seek to preserve
