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How are musicians supposed to survive on $0.00173 per stream?
(www.theguardian.com)
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this post was submitted on 29 Mar 2024
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They aren't. The fees are supposed to benefit the streaming companies.
I hope the bill discussed in the article helps rectify that.
homie the only thing streaming benefits right now is music publishers, spotify and the artists are losing money like it's oil being produced during the industrialization.
The last update that I saw was that Spotify would be in the green if it didn't have to give severance pay to a large number of employees after mass layoffs, and also some real estate expenses that seem pretty unusual for a streaming service to have...? They should just ask Wisconsin to build them a place for free, those idiots will do anything for industry.
they would be in the green if they didn't outsource music publishing, ironically.