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Yet, relatively speaking, the Christmas jingle won’t make that much money from this record-breaking day. Spotify pays whoever holds the rights to a song anywhere from $0.006 to $0.0084 per play. The rights “holder” can then split these earning between the record label, producers, artists, and songwriters, which means splitting pennies between many parties.
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Assuming the popular song is paid at the highest price of .0084 cents per stream for 11 million listens, the rights holder or holders will earn $92,400 before splitting the earnings. It’s not a terrible take for a single day, but it’s also not a lot of money given just how much people seem to love Carey’s Christmas jingle and its enduring appeal. Between them, the parties could all split a luxury car to share rides. Individually, they could maybe each buy a Toyota.
Mariah Carey’s record-breaking day shows how little musicians make from Spotify
https://qz.com/1507361/mariah-careys-record-breaking-day-shows-how-little-musicians-make-from-spotify/
So, in that first paragraph I pulled it says the person who owns the rights to the song gets $0.0084. I read that as 0.84 cents per view.
The second paragraph I pulled says .0084 cents and uses that figure for the rest of the calculation. Isn't that a difference of a factor of 100? I mean, if the first paragraph is correct than the $92k should actually be $9.2M, right?
Farther down the article it cites the song as earning $60M for $100M copies which is $0.60 a copy so knocking that down by a factor of 100 for streaming would seem reasonable but not knocking it down by a factor of 10k!
Mariah Carey’s record-breaking day shows how little musicians make from Spotify
https://qz.com/1507361/mariah-careys-record-breaking-day-shows-how-little-musicians-make-from-spotify/
So, in that first paragraph I pulled it says the person who owns the rights to the song gets $0.0084. I read that as 0.84 cents per view.
The second paragraph I pulled says .0084 cents and uses that figure for the rest of the calculation. Isn't that a difference of a factor of 100? I mean, if the first paragraph is correct than the $92k should actually be $9.2M, right?
Farther down the article it cites the song as earning $60M for $100M copies which is $0.60 a copy so knocking that down by a factor of 100 for streaming would seem reasonable but not knocking it down by a factor of 10k!
Mariah Carey’s record-breaking day shows how little musicians make from Spotify
https://qz.com/1507361/mariah-carey...shows-how-little-musicians-make-from-spotify/
So, in that first paragraph I pulled it says the person who owns the rights to the song gets $0.0084. I read that as 0.84 cents per view.
The second paragraph I pulled says .0084 cents and uses that figure for the rest of the calculation. Isn't that a difference of a factor of 100? I mean, if the first paragraph is correct than the $92k should actually be $9.2M, right?
Farther down the article it cites the song as earning $60M for $100M copies which is $0.60 a copy so knocking that down by a factor of 100 for streaming would seem reasonable but not knocking it down by a factor of 10k!
Mariah Carey’s record-breaking day shows how little musicians make from Spotify
https://qz.com/1507361/mariah-careys-record-breaking-day-shows-how-little-musicians-make-from-spotify/
So, in that first paragraph I pulled it says the person who owns the rights to the song gets $0.0084. I read that as 0.84 cents per view.
The second paragraph I pulled says .0084 cents and uses that figure for the rest of the calculation. Isn't that a difference of a factor of 100? I mean, if the first paragraph is correct than the $92k should actually be $9.2M, right?
Farther down the article it cites the song as earning $60M for $100M copies which is $0.60 a copy so knocking that down by a factor of 100 for streaming would seem reasonable but not knocking it down by a factor of 10k!
It's how the business works now. Artists don't get crap from streaming services. They only get exposure. There are some well known artists that don't allow the streamers to use their music. The money is in concerts and merch.
If I really like an artist I will buy a CD or vinyl copy. It gets me better quality sound and allows me to support them.
The guy my first wife worked for is a screenwriter, but he is also a musician.
He did the song for the end credits for a Kris Kristofferson movie called "Flashpoint". (1984)
When that movie hit the HBO screens he was getting 1600 bucks every single time that film played on HBO, and that was back in the 1980's and that was just for that one song, he also had another song credit in the movie as well, so another 1200 bucks for that.
He's still getting residual checks but I think they've shrunk some over the years.
Would you buy a live concert DVD? (Loaded question - LOL)
Ummm, live? Is there any such thing in the big leagues these days? When did that die, 1978?
So, yes, if I thought the show AV (both) would be great and it was all really live.
If I missed the load, clue a bro - been a long day, lol...
I was talking about a live concert filmed in 1972, it's probably much older than the music you listen to.
here are some stats :
the money is in playing live.
Lets put it this way
A Spotify Subscription is $10 a month
Assume a person is listening to 20 songs a day, every day. That comes out to $4.8 dollars Spotify has to pay out in royalties. Leaving $5 for running the business (and of course profit). If a person listen's to Spotify all day long and plays 8 hrs of music, Spotify could lose money on that account
Artists for the last decade or so have made the majority of their money from concerts and gear
It's how the business works now. Artists don't get crap from streaming services. They only get exposure. There are some well known artists that don't allow the streamers to use their music. The money is in concerts and merch.
If I really like an artist I will buy a CD or vinyl copy. It gets me better quality sound and allows me to support them.
They don't make much off of CD sales either, it all goes to the label. As you said, all of their real money comes from concerts and merch sales.
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