wangus12 said:
I do wonder how much of this is because artists don't really bank on record sales anymore do they? I couldn't tell you the last time I paid for music. I have a free spotify account and just use that. Compared to have the old CD case in the late 90s/early 00s where I had dozens of albums.
I know they obviously get money from the streaming places, but does that truly replace album sales?
Regarding streaming, no. Spotify info:
Quote:
How much does 1 million music streams make?
The payment for 1 million streams on Spotify can vary, but it is generally estimated to be around $4,000 to $7,000. This amount is, however, split between the streaming platform and the rights holders.
And Spotify usually takes a 30% cut, splitting the revenue between the artist/rights holder and the platform. So if a band comprised of 4 members (plus manager, etc) gets $4K in streaming revenue, split 4 ways, that's not a living wage.
Touring has to be where bands make money these days, since effectively most make very little on streaming and album sales (except for Taylor Swift).
For most artists etc, i almost always try to by some sort of merch at shows to help them out.