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275 points starkparker | 1 comments | | HN request time: 0.404s | source
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cortesoft ◴[] No.45133347[source]
So the author talks about how little money per stream artists make... but how much SHOULD they be making? What is fair compensation for writing a song?

In the old days, artists would join a label and put out an album. The artist would earn about 10% of sales or so (varies of course, but on average). So a $15 CD would earn an artist $1.50.

The article lists the 'price per stream' as about $0.005. So it would take about 300 streams of a song to earn the same amount as selling a CD used to make.

I feel like that isn't categorically less money than artists used to make per song listen? There are many albums I own that I have listened to way more than 30 times, which is what it would take for a 10 song album to get 300 song 'streams'

Is that a fair compensation? Why or why not?

I think artists should be able to earn money from creating music, but I don't know how we decide how much they actually deserve if we aren't just going based on the price the market sets.

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1. zer00eyz ◴[] No.45134767[source]
> So the author talks about how little money per stream artists make... but how much SHOULD they be making?

The value of recorded music is now zero.

Recorded music having A value was a result of markup on distribution profits. There is now no money in distribution. (There are a lot of parallels between how globalization works and how the record industry worked but thats another conversation).

ML, generative music is coming for the music industry.

Its not hopeless but your Spotify is just a loss leader. It's a gateway to your social media, to your (paid) endorsements and to your shows (another problematic facet of the industry) and merch. There are plenty of ways people with talent and a "voice" can profit. But you better be consistent and authentic.