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Do Music Streaming Services Help or Hurt Artists? | The Business of Life

How to manage your freelance budget:

Jon Caramanica, Joe Levy, and Stephen Bryan discuss the money behind the music industry—what it takes to be a musician, and whether streaming services help or hurt these artists.

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35 thoughts on “Do Music Streaming Services Help or Hurt Artists? | The Business of Life

  1. Its so hard for a musician or label to prevent music from being pirated because it is so easy for it to be pirated.

    There needs to be some sort of advancement in tech for this to be slowed down.

  2. These spoiled children musians put out 1 or 2 alblums a decade becuase all they do is tour becuase they make 50-80 million a year touring; its like you have to wait an average of 5 years now before a new cd comes out…….so yeah i dont feel sorry when people torrent or download their albums

  3. Thanks for filling the room with no real working musicians. These “musicians” you have in your audience are hobbyists. The real metric would be to have musicians who can fill out a room of 100s in a second tier city and sell out a 3000 occupant venue in a major city. These people are the “lower middle class”. This is the majority of people who can say that music is their full time occupation. They are struggling to make livings. Those ticket sales don’t go into their pocket. They go into the promoters, the managers, the tech people, hired backing musicians if need be, expenses etc. what they are left with is very very little. So touring pays the majority of our musicians almost nothing and streaming pays nothing. The Millionaire musicians are a tiny number but they have the lions share of promotion and are always omnipresent. This may give the illusion that their is more money to be made and glamorous life styles then there is.

  4. The internet has to stay the wild-west and if these "music-indudtry-people" want to make money then sell a better fucking product. I mean physical, music with content in meaning and production that is worth something.
    Most of these one-song-streaming-products are aesthetically so cheap, no wonder nobody want to really spend money on this.

  5. I just got a royalty payment of 2.3 cents(U.S.$) from a South American company( Somebody in Argentina played the song)…

    AFTER 3 YEARS!!!

    My marriage is potentially destroyed due to lack of income…but i got paid for our song:

    STRONG by Jasmine Lamport.

    Please feel free to google it….i look forward to payment in 2021.

    If i'm not pushing up daisies by then.

    Regards to one and all…

    SONIC FOXX.

  6. At least when it comes to artists making money nowadays, 95% or more of their annual income comes from touring: hard tickets for selling out seats in arenas, and merchandising. Considering streaming is the number 1 way of accessing your favorite artists now, and how little the artists and record labels get paid through that medium of monetization, touring is the holy grail that all artists are currently relying on. Proving that it is the "experience" of being at a live event of your favorite artist, a night to remember, that people will pay for, and not the actual music itself.

  7. Lets just ignore the fact that companies like Soundcloud make a killing by not paying artist and sell ads to users who are drawn. Y uploading music as well as listeners on the service. They dont even let you use your own page to sell ads to make back money and they have to invite you to join their group of artist who can make money. Artist need to stop using soundcloud

  8. I make instrumental music and distribute through media for sync licensing royalties. I dont get paid a lot however over time when the music is streamed over the years and your music is used in other forms of media such as independent films, video games or the internet then over time it will bring in more money I believe. It isn't a short term goal at all. Its a longevity goal because music will always be needed for media in general.

  9. I stopped listening at 2 minutes and 2 seconds in when he said that people don't want to buy a physical copy of Music anymore unless they're older and maybe only unless it's vinyl… That directly contradicts Brian slagel the owner of Metal Blade records who can articulate actual numbers that directly go against such a stupid and arrogant statement. The amount of actual CDs and vinyl he has to duplicate for artist when they have a new release is way more than one would actually think, and is actually in more demand in the UK than it is in America. Wish I had a link

  10. Stephen Bryan is hyper-protective of his business model. To the extent of lying about the benefits of his service to musicians. Bullshit. These platforms only create a living for already-huge artists with massive label support in the first place. Exposure, yes, benefits, no.

  11. The only streaming I use is Youtube and sometimes soundcloud but either than that I'd rather use the radio to check out different songs and I can't wait to have my own library of both MP3s and CDs.

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