Tuesday, September 4, 2012

Surprise! Artists make pittance on streaming services


Music-streaming services are big business for labels and even the companies that offer them. But for artists, they're not so great.


Josh Davison, a member of the band Parks and Gardens, yesterday took to Twitter to divulge the exceedingly small amount he and his fellow musicians make from streaming on iTunes Match and Spotify. According to Davison, each time one of his songs streams on iTunes Match, the band makes $0.00330526797710. When that same song plays on Spotify, the band makes $0.00966947678815. In other words, if Davison wants to make just one cent off a song play, it'll need to be streamed three times.


Web developer Scott Buscemi also shared information on Twitter, revealing that none of the popular streaming services available today, including iTunes Match, Rhapsody, or Spotify, deliver a single cent per song play.


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