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How are musicians supposed to survive on $0.00173 per stream? (www.theguardian.com)

submitted 7 months ago by floofloof@lemmy.ca to c/music@lemmy.world

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[–] scytale@lemm.ee 10 points 7 months ago (1 children)

I think the latest issue now is how Spotify for example is changing their revenue sharing model in a way that big artists (i.e. Taylor Swift) get a bigger chunk from the pie and smaller artists get close to nothing in % from streaming income. So the value of a single stream for a song is different depending on who you're listening to.

[–] GissaMittJobb@lemmy.ml 3 points 7 months ago (1 children)

What change is this in reference to? I'm not familiar with it.

[–] scytale@lemm.ee 7 points 7 months ago

This article can probably explain it better than I can: https://www.digitalmusicnews.com/2024/01/06/spotify-royalty-model-ramifications/