With paltry streaming royalties and a cost-of-touring crisis, it’s harder than ever to make money as a musician. Claudia Cockerell on the household names who are taking up side hustles, and what it says about the state of the music industry
I remember reading that Spotify pays out around 4k per day (~120k per month) for her streams but the majority of that payout goes to the rights holder and Allen gets pennies. I think Spotify is paying a reasonable amount (at least in my opinion but I’m far from an expert on the matter) and the music industry is the one screwing her over.
I remember reading that Spotify pays out around 4k per day (~120k per month) for her streams but the majority of that payout goes to the rights holder and Allen gets pennies. I think Spotify is paying a reasonable amount (at least in my opinion but I’m far from an expert on the matter) and the music industry is the one screwing her over.
Wow, that is a shitton of money. Yeah, it really sounds like the music industry is shit and broken like everything else.