Headline : How are musicians supposed to survive on $0.00173 per stream? | Damon Krukowski

Read more from the original article on here at www.theguardian.com.

---

No. of Paragraph 11

The way musicians are compensated is highly unfair. A new bill in the US Congress could fix that – and it’s about time

Many of the younger musicians I know – musicians in the full flush of their career – don’t see a path forward toward making a living. These aren’t artists failing to connect with a public; on the contrary, they are releasing widely reviewed albums, going on tours and communicating (constantly) with their fans via social media. But this work is not paying them enough to manage without second jobs or side hustles.

That’s a broken system. It’s not just broken for individual artists, it’s broken for our society as a whole. We all benefit from music. And I believe we as a society want that music to come from as wide and deep and rich and varied sources as exist. How could we not?

Yet that’s not what is paramount for those holding the finances of recorded music in their hands. In the platform era, the income for recording artists depends on a handful of massively capitalized corporations: Spotify, Apple, Amazon and Google dominate streaming, and streaming now accounts for 84% of all recorded music revenue in the US. There’s almost nothing left for recorded music outside that system.

Read more from the original article on here at www.theguardian.com.

Related Headlines : How are musicians supposed to survive on $0.00173 per stream? | Damon Krukowski (in Google.com):

Hello, below you have a "Web" tab to read more content and an "Image" tab to get related pictures

Example : Trends, Country, News, Jobs, Scholarships, Investment, Business, Politics, Adverts, Fashion, Events, Technology and more.