Thursday, July 30, 2015

"Making a Killing" by Streaming

Making a Killing...

Even though worldwide streaming revenues increased by almost 40 percent in 2014 as the number of subscribers grew from 28 million in 2013 to 41 million, artists are paid virtually nothing via streaming music sites like Spotify and Pandora. But as many have put it "the genie is already out of the bottle"...


Musings On Music Markets >

Digital Music Revenue >

The Rapid Rise of Digital Music >

Revenue? (not for the creators - just the distributors!)

Final Thoughts >

Taylor Swift is right: Music can’t survive if you don’t pay for it. The average artist needs around 150 Spotify streams to equal the payout of a single $.99 download. Streaming services are killing digital download sales, with Pandora and Spotify leading the pack.

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