Music has become much more accessible during modern times thanks to the growth and advancement of the internet, but at what cost to the artists?<\/p>\n\n\n\n
Long gone are the days of record labels and album sales. The introduction and continued use of streaming has dramatically decreased the amount of album sales, reducing CDs down to a novelty item. Selling digital albums is an option, but a great deal of consumers prefer the ease of subscribing to a monthly service that allows access to any song on their platform.<\/p>\n\n\n\n
A great majority of an artist\u2019s income today comes from touring and merch sales, but what happens when one of those becomes an unviable option? During the start of the COVID-19 pandemic, artists were unable to tour and were unable to support themselves from streaming revenue and merch alone. According to Headphonesty, an artist must reach 100,000 streams in order to make $1,000 from Apple Music, with each stream earning the artist one hundredth of a cent.<\/p>\n\n\n\n
Spotify is even worse at paying artists, with an artist having to reach 303,030 streams in order to make $1,000 at just $0.0033 a stream. The best paying streaming service appears to be Tidal, which requires 76,924 streams to reach $1,000 at $0.013 a stream. This is a much better deal than Spotify\u2019s streaming payout, but in the grand scheme of things there is not that big of a difference between the two. I have never used Tidal, and I don\u2019t even know anyone who does or has used it in the past, so racking up that many streams seems like it would be an issue in itself.<\/p>\n\n\n\n
As someone who is currently in the process of recording my first album with my own band, I can\u2019t help but feel a little worried about the future. <\/p>\n\n\n\n
I know that it will be a good, long while before I start to see any sort of monetary return from my musical endeavors, and I hope that the industry can one day see changes put in place to support the artists who supply the music.<\/p>\n","protected":false},"excerpt":{"rendered":"
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