Rain
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Apparently, streaming IS profitable.
Just not for the artists. Universal Music's streaming revenues add up to... $3.9 Million per day. http://music3point0.com
post edited by Rain - 2016/05/17 03:00:04
TCB - Tea, Cats, Books...
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eph221
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Re: Apparently, streaming IS profitable.
2016/05/16 22:51:45
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commodities...that's what we are now.
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craigb
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Re: Apparently, streaming IS profitable.
2016/05/16 23:11:33
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eph221
commodities...that's what we are now.
Sometimes with the first four letters traded for a second "d," ya? 
Time for all of you to head over to Beyond My DAW!
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eph221
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Re: Apparently, streaming IS profitable.
2016/05/16 23:16:19
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Oddities, yes that we are. If you aren't a little queer, you aint goin no where!
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craigb
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Re: Apparently, streaming IS profitable.
2016/05/17 01:03:24
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eph221
Oddities, yes that we are. If you aren't a little queer, you aint goin no where!
I think you have that market cornered, there isn't any left for the rest of us.
Time for all of you to head over to Beyond My DAW!
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BobF
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Re: Apparently, streaming IS profitable.
2016/05/17 08:11:21
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What I'm about to type isn't intended to imply musicians get what they deserve. It's just something that jumps out at me every time I see something like this, regardless of the specific industry/group being vilified for greed, tax avoidance, etc.
Skimming the article and primary link to numbers, all I see are REVENUE numbers. No cost is shown that I could find. Nothing about capital at risk.
It's entirely possible (and it happens a lot) to have huge REVENUE numbers and still lose money in process. What would be really interesting to me are PROFIT numbers along with how much capital was at risk.
This would give a better picture of who is making what and who is doing the heavy lifting financially to make PROFIT possible, if PROFIT even exists.
Just sayin' ... there is a TON of lazy financial "reporting" happening these days.
Bob -- Angels are crying because truth has died ...Illegitimi non carborundum --Studio One Pro / i7-6700@3.80GHZ, 32GB Win 10 Pro x64 Roland FA06, LX61+, Fishman Tripleplay, FaderPort, US-16x08 + ARC2.5/Event PS8s Waves Gold/IKM Max/Nomad Factory IS3/K11U
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craigb
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Re: Apparently, streaming IS profitable.
2016/05/17 08:14:23
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So, basically, you're implying that musicians get what they deserve, right? 
Time for all of you to head over to Beyond My DAW!
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BobF
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Re: Apparently, streaming IS profitable.
2016/05/17 08:54:18
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craigb
So, basically, you're implying that musicians get what they deserve, right?
You funny guy, Joe!
Bob -- Angels are crying because truth has died ...Illegitimi non carborundum --Studio One Pro / i7-6700@3.80GHZ, 32GB Win 10 Pro x64 Roland FA06, LX61+, Fishman Tripleplay, FaderPort, US-16x08 + ARC2.5/Event PS8s Waves Gold/IKM Max/Nomad Factory IS3/K11U
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Slugbaby
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Re: Apparently, streaming IS profitable.
2016/05/17 09:28:18
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☄ Helpfulby Rain 2016/05/17 17:53:26
Very profitable. From looking at my CDBaby tracking, I get $0.0012 every time one of my songs is played on Spotify. At my current rate, by the end of the year I'll have earned enough to buy a small coffee from Starbucks (as long as I don't want chocolate, lactose-free, whipped cream, or a straw).
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Moshkito
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Re: Apparently, streaming IS profitable.
2016/05/19 11:02:11
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eph221
commodities...that's what we are now.
At a dollar per piece on sale, I would think ... that's good moolah ... Streaming is fine, and many bands can do so and sell their material without having to print a CD. King Crimson has been doing that for a while, and no one is complaining.
Music is not about notes and chords! My poem is not about the computer or monitor or letters! It's about how I was able to translate it from my insides!
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eph221
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Re: Apparently, streaming IS profitable.
2016/05/19 12:22:20
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The cream rises to the top, but it's also really sticky and tastes like scheit!
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BobF
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Re: Apparently, streaming IS profitable.
2016/05/19 12:35:50
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What's wrong with Cream?!
Bob -- Angels are crying because truth has died ...Illegitimi non carborundum --Studio One Pro / i7-6700@3.80GHZ, 32GB Win 10 Pro x64 Roland FA06, LX61+, Fishman Tripleplay, FaderPort, US-16x08 + ARC2.5/Event PS8s Waves Gold/IKM Max/Nomad Factory IS3/K11U
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