The problem with this business model is that it will kill the industry unless something changes soon.TheMiracleMan wrote: ↑Sun Aug 08, 2021 12:13 pmI listen to music via Apple Music streaming service which pays more than Spotify if I correctly remember.Generic username wrote: ↑Sun Aug 08, 2021 11:49 am Let me research that for you...
https://dittomusic.com/en/blog/how-much ... musicians/
Or, to put it in really simple terms - if you pay Spotify 10 currency units a month, and listen to 50 songs a day, how can those artists possibly be getting paid anything more than 0.01 of a currency unit? Apparently (5 minutes research, I recommend it), Spotify used to explicitly state that 10.5% of its income went on royalties. So those 10 currency units are already being split on a 90/10 basis between Spotify Inc. and ALL THE ARTISTS YOU LISTEN TO..
Does that seem like a money spinner from the artist's point of view to you?
For myself, I consider it impractical and unprofitable to buy CDs that will collect dust most of the time. CD players for me outdated.
In addition, I do not have a CD player, and also there is no way to copy songs from the disc to a PC, and then transfer them to a portable device that is convenient to take with you on the road. Even if I had the opportunity to transfer songs from the disc to a portable device, even in this case I wouldn't bother with it, it's easier to buy a digital version of the album in an online store and listen to it and not think that the disc will be scratched, or that the casette will jam the tape
Here's a little more in-depth research. You may feel happy that Apple is paying the artist more than Spotify, but it's still pitiful:
Spotify paid the artists $0,0032 per stream
Apple Music got the average rate of $0,0056
Google Play Music landed a $0,0055 payout rate
Deezer fell slightly lower at $0.00436
Source - https://soundcharts.com/blog/music-stre ... and-deezer
So, to earn $5.60 from Apple, an artist need 1000 streams. That is $5600 for a million streams. I doubt there are many artists out there who can afford to live on those levels of income.
Still, as long as you haven't had to fork out for a £20 USB cd player to plug in to your laptop, all is good.
https://soundcharts.com/blog/music-stre ... es-payouts