sharke
Rain
That's one way of putting it... And I guess that once artists completely give up on the idea of making any money w/ their music, the problem will entirely be solved.
Here's another interesting one which helps put things in perspective and see just how much streaming really means in terms of revenue...
http://www.theguardian.co...potify-youtube-payouts
In short: "92% of her income last year came from sales – $75,341 – with a further $6,380 coming from streaming services."
But to put things in perspective again, you'd have to factor in what percentage of the music-consuming public is streaming. I think there are around 60 million Spotify users worldwide. What percentage of music listeners is this? It has to be less than 5%. I should think Spotify accounts for the vast majority of streams. I just don't understand why artists are expecting to make as much as they did from CD sales from what amounts to a tiny percentage of the CD market.
The link you posted doesn't seem to work for me so I can't read the Guardian article, but from the figures you quoted it would seem that this person's streaming income accounts for around 8% of her income (I'm too lazy to do the math properly). Well, that seems about right given how few people, relatively people, are streaming their music.
Yeah, the link don't seem to work for whichever reason but it does work when I access it via history.
"
Keating’s biggest source of income last year was Apple’s
iTunes Store, where sales of 32,170 single tracks and 3,862 albums netted her just over $38,195.
Meanwhile, 185 tracks and 2,899 albums sold through her profile on direct-to-fan site Bandcamp earned a further $25,575, while a mixture of physical and MP3 sales on Amazon earned her a further $11,571.
403,035
Spotify streams earned Keating $1,764, while more than 1.9m views of videos on YouTube – mostly those uploaded by other people featuring her music – earned her $1,248.
US personal radio service Pandora generated $3,258 of royalties – but from an undisclosed number of streams.
Keating also notched up 266,331 streams on SoundCloud and 222,226 streams on her Bandcamp site, neither of which generated royalties for her."