EU says music streaming platforms must pay artists more
1–10 of 19 posts
Re: EU says music streaming platforms must pay artists more
#2Don't these things keep coming up, and it turns out that all these artists actually go via a label, and this is just another deflection from the RIAA and equivalents.
They made their first profit last quarter by having their own audiobooks and not needing to spend as much on music royalties.
Spotify pays out 70% of revenue, and Wierd Al can't do maths.
Re: EU says music streaming platforms must pay artists more
#3Don't these things keep coming up, and it turns out that all these artists actually go via a label, and this is just another deflection from the RIAA and equivalents. They made their first profit last quarter by having their own audiobooks and not needing to spend as much on music royalties. Spotify pays out 70% of revenue, and Wierd Al can't do maths.
The problem with spotify (from my perspective as a musician in a small band) is that unless you are the most popular music act there is spotify money is nothing. Even a somewhat popular act that is played on national radio and plays on festivals will often earn more selling shirts on a single tour than they will with a year of spotify.
The bigger you are the more you earn per stream and the small ones will earn next to nothing.
Re: EU says music streaming platforms must pay artists more
#4Don't these things keep coming up, and it turns out that all these artists actually go via a label, and this is just another deflection from the RIAA and equivalents. They made their first profit last quarter by having their own audiobooks and not needing to spend as much on music royalties. Spotify pays out 70% of revenue, and Wierd Al can't do maths.
The problem with spotify (from my perspective as a musician in a small band) is that unless you are the most popular music act there is spotify money is nothing . Even a somewhat popular act that is played on national radio and plays on festivals will often earn more selling shirts on a single tour than they will with a year of spotify. The bigger you are the more you earn per stream and the small ones will earn next…
So you want Spotify to increase prices so that you get more money from your 10 listeners?
Because that's basically what you are asking for. There are millions of artists, and the number increases daily. Unless you charge more per user the pie is just getting split between more people. What you say is exactly the same as people were saying with every other medium. I have £10 to spend on entertainment this month, perhaps I'll buy your album, perhaps not, and now you see £0 from me instead of a bit.
Re: EU says music streaming platforms must pay artists more
#5Earlier quoted context omitted.
The problem with spotify (from my perspective as a musician in a small band) is that unless you are the most popular music act there is spotify money is nothing . Even a somewhat popular act that is played on national radio and plays on festivals will often earn more selling shirts on a single tour than they will with a year of spotify. The bigger you are the more you earn per stream and the small ones will earn next…
So you want Spotify to increase prices so that you get more money from your 10 listeners? Because that's basically what you are asking for. There are millions of artists, and the number increases daily. Unless you charge more per user the pie is just getting split between more people. What you say is exactly the same as people were saying with every other medium. I have £10 to spend on entertainment this month, perha…
No, what he's asking for is a flat per-stream fee. So he earns as much from one stream as Beyonce does. She'll earn more because she has more listeners, of course.
Re: EU says music streaming platforms must pay artists more
#6[deleted]
Re: EU says music streaming platforms must pay artists more
#7> MEPs believe that the current way royalties are distributed is unfair. Current algorithms favor major labels and artists when providing suggestions, making it more difficult for less popular and diverse genres to get exposure.
The "algorithm" as in the recommendation system and curated playlists that are shown to users, or are we talking about the algorithm that makes up the royalty payments i.e. Spotify's "streamshare" approach?
Re: EU says music streaming platforms must pay artists more
#8Earlier quoted context omitted.
So you want Spotify to increase prices so that you get more money from your 10 listeners? Because that's basically what you are asking for. There are millions of artists, and the number increases daily. Unless you charge more per user the pie is just getting split between more people. What you say is exactly the same as people were saying with every other medium. I have £10 to spend on entertainment this month, perha…
No, what he's asking for is a flat per-stream fee. So he earns as much from one stream as Beyonce does. She'll earn more because she has more listeners, of course.
The music union they belong to should help with a most favoured nation clause.
But it's not going to make the slightest difference.
This is exactly what everyone whinged about in the 80/90's when no one made money on album sales but they made money touring and selling teeshirts.
There was never any money in albums for artists, and to use Beyonce as the example since you brought her up
https://parade.com/1138672/jessicasager/beyonce-net-worth/
> Beyoncé's estimated net worth in 2023 is $540 million.
> In 2019, The London Evening Standard estimated Bey's earnings from album sales to be about $13 million.
She has shifted 100's of millions of units, one of the most successful artists, and yet her earnings over multiple decades work out to single digit percentage of her actual worth.
She makes more from a single concert than her total album sales.
She makes more from a single clothing run than she does from her total music sales.
Musicians have a completely warped view of how other musicians make their money.
Re: EU says music streaming platforms must pay artists more
#9Earlier quoted context omitted.
No, what he's asking for is a flat per-stream fee. So he earns as much from one stream as Beyonce does. She'll earn more because she has more listeners, of course.
The music union they belong to should help with a most favoured nation clause. But it's not going to make the slightest difference. This is exactly what everyone whinged about in the 80/90's when no one made money on album sales but they made money touring and selling teeshirts. There was never any money in albums for artists, and to use Beyonce as the example since you brought her up https://parade.com/1138672/jessi…
This isn’t a response at all to the comment you replied to. Regardless, it should be a standard payment per stream
Re: EU says music streaming platforms must pay artists more
#10Earlier quoted context omitted.
The problem with spotify (from my perspective as a musician in a small band) is that unless you are the most popular music act there is spotify money is nothing . Even a somewhat popular act that is played on national radio and plays on festivals will often earn more selling shirts on a single tour than they will with a year of spotify. The bigger you are the more you earn per stream and the small ones will earn next…
So you want Spotify to increase prices so that you get more money from your 10 listeners? Because that's basically what you are asking for. There are millions of artists, and the number increases daily. Unless you charge more per user the pie is just getting split between more people. What you say is exactly the same as people were saying with every other medium. I have £10 to spend on entertainment this month, perha…
If payment is per stream, surely the pie only gets split more ways if users listen to more streams for the same money.
More users (with the same usage) would result in a bigger pie with the same proportional splits.