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2024-08-30 10:28:08
in reply to

Allen Very Serious Versfeld on Nostr: I saw a Rick Beato video once where he tried to actually do the maths to figure out ...

I saw a Rick Beato video once where he tried to actually do the maths to figure out what artists actually get from streaming services, and found it extremely difficult because the rates are so variable depending on all sorts of factors like how many people share the copyright to a song, what the licensing regimes are in different territories, and so on.

His conclusion surprised me - if i understood it correctly it turned out to be approximately the same as with the old model.

See, you obviously can' compare rates because streamin pays for each time a song gets played, but you can never know how many plays come out of any given CD sale, or how many people happened to be listening to a single play on the radio. But you can look at how much money big artists are depositing into their bank accounts, and this was what appeared to be much the same as it was before.

But... I'm not sure I understood it correctly, and his analysis was on big hits not small artists and his point wasn't actually anything to do with streaming vs sales but rather how opaque streaming deals are

Anyway, video here: https://www.youtube.com/watch?v=pY15RzKZeJ0
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