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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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ohthehugemanate ◴[] No.45136005[source]
Why do you choose the CD era as your comparison point? Why not cassettes, or the LP decades? The industry has changed a lot and choosing a different baseline is illuminating to any discussion of "fair" compensation.

What hasn't changed is the fact that vertically integrated distribution-and-promotion with large market share has all the leverage, all the information, and all the legislative influence. In any time period where that exists, the same result plays out through different media.

That is to say, in terms of negotiating power, free market economics, and political influence the artist is not just strongly disadvantaged, but artificially so. It's not a David and Goliath, it's more like David and the Death Star.

When Roger Fischer, Adam Smith, and Jack Abramoff would all agree that one side probably needs some extra support, it's a good bet that "fair" lies so far on the other side of the scale that we don't have to worry about precision or philosophy of "fairness" to make a big improvement.

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1718627440 ◴[] No.45136294[source]
Because CD has not been superseded by any other physical media? Nobody sells music on an USB stick or on a microSD card. If I go to buy music, it will be always CD.
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triceratops ◴[] No.45139125[source]
I recall reading a report somewhere that vinyl sales are higher than CD sales in the US.
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1. tstrimple ◴[] No.45142513[source]
I don't know anything about the data. But I literally just purchased a record player that my soon to be 14 year old daughter requested for her birthday. She doesn't have and has never requested a CD player.