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As Music Streaming Grows, Royalties Slow to a Trickle

concealment (2447304) writes | about a year and a half ago

Businesses 1

concealment writes "From 78 r.p.m. records to the age of iTunes, artists’ record royalties have been counted as a percentage of a sale price. On a 99-cent download, a typical artist may earn 7 to 10 cents after deductions for the retailer, the record company and the songwriter, music executives say. One industry joke calls the flow of these royalties a “river of nickels.”

In the new economics of streaming music, however, the river of nickels looks more like a torrent of micropennies."

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1 comment

Apples and oranges (1)

A nonymous Coward (7548) | about a year and a half ago | (#42765519)

One purchase allows listening until the media wears out. One streaming listen allows one streaming listen.

No, I haven't read TFA, but if it's better then TFS, then TFS is hopelessly retarded.

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