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275 points starkparker | 1 comments | | HN request time: 0s | 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. steveBK123 ◴[] No.45141747[source]
> I feel like that isn't categorically less money than artists used to make per song listen?

Fundamentally, inflation-adjusted there are 1/2 as many dollars coming in the front end to the US music industry in the 2020s as there were in the 90s peak, per most sources... even though population is 30% higher. So per-capita music spend in inflation adjusted dollars is down like 60-65%. And there's probably far more artists to spread that around to now with the long tail of bedroom producers / part timers / etc all the way up to Swift.

So surely artists are making less than they used to, regardless of how the pie is sliced up because there is a smaller pie. Given the trend in everything else in our economy, I am dubious that the newer streaming arrangements are incrementally more artist-friendly than the old physical media music industry.