Artists Make Plenty Of Money From Streaming

You may have heard that artists don’t get paid very well for streaming. This isn’t the case. In fact, Tycho, who have been nominated for a Grammy award, make 53% of their income from streaming!

Not bad, right? Artists who own their own rights get 100% of the streaming revenue. It only goes down when their publishers and labels take their cut, and that’s something the artists were paid for in advance.

Streaming Is Good For New Acts

We’ve all been told that streaming benefits the established acts over the new ones. Yet, streaming has created plenty of breakout acts such as Robin Shulz, Danny Ocean, and Lil Uzi Vert.

Streaming helps new artists break into new territories at no cost to themselves. This, in turn, raises their profile and their earnings.

Streaming Didn’t Kill The Album

Downloading killed the album. When people could pirate a whole record at no cost – they only ever listened to the tracks they liked. They stopped listening to the whole thing.

In contrast, streaming may help albums because there’s no cost to trying the whole thing rather than playing it safe and sticking to what people know.

So, there you have it – streaming is not heralding the death of the music industry, in fact, it’s helping new artists, making people money and helping to shore up the album too!

The post Is Streaming Killing Artists? Three Lies About Music Streaming You Probably Believe appeared first on Hot Pop Today.

Google’s hope is that it can use Spotify’s structure to align its two existing brands better with the music market: YouTube and Google Music.

YouTube, in particular, has been struggling to build relationships with artists and labels who claim they are underpaid by Google. Spotify’s strong ties with the industry may help them reach a compromise that suits everyone.

A single stream on Spotify earns $0.00006543. For the 24 hour period during which the Google deal closes, that goes up to 1 cent per stream!

That’s 15,283 times more per stream! For big streamers, that could mean a bumper payday this quarter.

That sounds like good news, but the expectation is that the royalty method may be killed off as Google tries to harmonize Spotify with YouTube and pay on a “fractions of advertising revenue” model, instead. That could mean much lower payouts in future.

It’s too early to say what, exactly, this take over means for Spotify as a company, but the early signs are that Google has made a wise move but that the music industry may end up paying for it.

The post Google Picks Up Spotify For $41.1 Billion appeared first on Hot Pop Today.

Artists Make Plenty Of Money From Streaming

You may have heard that artists don’t get paid very well for streaming. This isn’t the case. In fact, Tycho, who have been nominated for a Grammy award, make 53% of their income from streaming!

Not bad, right? Artists who own their own rights get 100% of the streaming revenue. It only goes down when their publishers and labels take their cut, and that’s something the artists were paid for in advance.

Streaming Is Good For New Acts

We’ve all been told that streaming benefits the established acts over the new ones. Yet, streaming has created plenty of breakout acts such as Robin Shulz, Danny Ocean, and Lil Uzi Vert.

Streaming helps new artists break into new territories at no cost to themselves. This, in turn, raises their profile and their earnings.

Streaming Didn’t Kill The Album

Downloading killed the album. When people could pirate a whole record at no cost – they only ever listened to the tracks they liked. They stopped listening to the whole thing.

In contrast, streaming may help albums because there’s no cost to trying the whole thing rather than playing it safe and sticking to what people know.

So, there you have it – streaming is not heralding the death of the music industry, in fact, it’s helping new artists, making people money and helping to shore up the album too!

The post Is Streaming Killing Artists? Three Lies About Music Streaming You Probably Believe appeared first on Hot Pop Today.

Google’s hope is that it can use Spotify’s structure to align its two existing brands better with the music market: YouTube and Google Music.

YouTube, in particular, has been struggling to build relationships with artists and labels who claim they are underpaid by Google. Spotify’s strong ties with the industry may help them reach a compromise that suits everyone.

A single stream on Spotify earns $0.00006543. For the 24 hour period during which the Google deal closes, that goes up to 1 cent per stream!

That’s 15,283 times more per stream! For big streamers, that could mean a bumper payday this quarter.

That sounds like good news, but the expectation is that the royalty method may be killed off as Google tries to harmonize Spotify with YouTube and pay on a “fractions of advertising revenue” model, instead. That could mean much lower payouts in future.

It’s too early to say what, exactly, this take over means for Spotify as a company, but the early signs are that Google has made a wise move but that the music industry may end up paying for it.

The post Google Picks Up Spotify For $41.1 Billion appeared first on Hot Pop Today.