How You’re Murdering the Music Industry. | unEARTH Music Hub

Oddly, few people are talking about how much money they are actually making through Spotify, but it’s estimated that the average play is worth an abysmal $0.005. That’s half a cent…if you’re getting anything at all. An artist needs to rack up 200 plays to make $1. How are we letting this happen?! Is the general population truly oblivious to the tremendous effort and cost involved in making music?

Surprise! Songs don’t just pop out of artists like perfectly polished Easter eggs. These creative humans have dedicated a large amount of their time, money and soul to create a tangible piece of art for your listening pleasure. Studio time is expensive! Rehearsal space is expensive! Gas is expensive! Instruments are expensive! Craft beer is expensive!!! Strike that last one.

But seriously guys, when you buy music, you’re not just paying for a song, you’re supporting the artist and the process.

READ THE FULL STORY AT unEARTH MUSIC Hub:
http://unearthmusichub.com/articles/streaming-music/

Streaming Services Will Never Become Profitable, Study Finds… | Digital Music News

“The streaming business has to slowly move from a free economy to a paid economy as the sustainability of ad-supported revenue model is a big question mark.”

The grim financial outlook comes as rumors intensify over plans by Spotify to go public.  But just like Pandora, Spotify’s financials remain ugly and are unlikely to improve. “Pandora has never made a profit and we think that the company will never make a profit, unless there is a major change in strategy,” Generator concluded.

READ THE FULL STORY AT DIGITAL MUSIC NEWS:
http://www.digitalmusicnews.com/permalink/2014/02/18/profitless

RELATED:

Music Streaming Math, Can It All Add Up?

No, Streaming is not more profitable than Transactional Sales… Not Today, Maybe Not Ever…

Beck on Spotify: “The Model Doesn’t Work. And the Quality Sucks.” | DMN