So are we. Here are some recent articles from around the internet that draw attention to the current state of the industry:
“Unsound is a documentary that reveals the dramatic collapse of the music industry and the unintended consequences the internet revolution is having on creators of all kinds. Featuring noteworthy musicians, filmmakers, journalists, and beyond, unsound explores the struggle for creators trying to survive in the age of free.” (A 9 minute preview video that is well-worth your time)
“The Association of Performing Arts Presenters (APAP) presented a panel Monday at its 2015 conference at New York’s Hilton Hotel that brought together top musicians to talk about their united front supporting fair compensation for content creators in the digital age.”
#Irespectmusic Blake Morgan and his CNN interview and the Latest Spotify Debacle (original interview here)
Based on a great movement #IRespectMusic.
“it’s common for a middle-class recording artist like myself to make a new record for around $15,000. On iTunes, that would mean you could sell 2,000-2,500 albums and break even. iTunes pays 70 cents for a 99 cent download, and $7.00 on a $9.99 priced album. The Spotify break-even equivalent, and this is even if you accept their per-stream estimate of half-a-cent-per-stream (it’s usually much lower), would be between 3,000,000 and 3,500,000 streams.”
“Did Taylor Swift make the right call when she withdrew her music from Spotify? A new report on the profitability of the music streaming industry suggests she was.
Strategy Analytics, a technology advisory and consultancy firm, argues that despite the music streaming industry’s rapid growth, it will continue to struggle to provide adequate royalty payments to artists.”
“Services like Spotify and Google Play Music, as well as radio-like Pandora and Songza, offer music for free or with a premium ad-free account for roughly $10 a month. For consumers, it’s a sweet deal. But what they don’t all know is that every time they stream an artist’s song, the payouts that result are extremely low. A fraction of a cent is paid to the record company, and then divided between the songwriters, publishers and performers. In other words: Artists are getting screwed.”
“You’re a nice person. You love music. You’ve never stolen anything before in your life.
Yet somehow, if you’re anything like me, it seems like you can’t listen to music today without falling into a giant moral quagmire. Am I supporting the artists enough? Which service should I use to listen to this new track? How much money should I set aside a month to buy music? If I do spend money, will the artist ever see any of it anyway? Am I stealing? “