There’s Big Money in Music Streaming, But Not for Many Artists
Ariana Proehl hosts a discussion about the economics of music streaming for artists.
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Show Notes
Recording artists protested outside Spotify offices around the world last month as part of an ongoing movement to demand better pay. The streaming site’s payout rates have been decreasing over time, with artists today making approximately .0038 cents per stream. The Union of Musicians and Allied Workers (UMAW) wants the Swedish streaming company to pay one cent per stream. We break down how artists can make money today using online platforms and hear from some artists about why they say it’s not a living wage.
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