5/02/2021

MUSICIANS PLAY : * MUSINGS : TECHNOLGY

 


ON TECH : A fair share for the musicians. Streaming services like Spotify and Apple Music rescued the music industry. They're also tearing it apart.

My colleague Den Sisario spoke with me about why streaming music has been a letdown for many musicians. The challenges reflect a larger question:

What happens when the promise of making a living online from music, writing or building apps doesn't match the reality?

.- Shira : How has streaming changed the music industry?

Ben : It's been the industry's salvation. Largely because of Spotify and other subscriptions, streaming provided the industry something it never had before : regular monthly revenue.

To oversimplify, the big winners are the streaming services and the large record companies. The losers are the 90 percent of artists who aren't at Beyonce's level of fame. And they're angry about not sharing in the music industry's success.

.- If more people are paying for music, why isn't that money trickling down?

There's a complicated and opaque formula that determines how the $10 monthly subscription for Spotify or Apple Music makes its way to artists. After those services take their cut, about $7 goes into a pot of money that gets split a bunch of ways - for the record labels, songwriters, music publishers, artists and others.

The more people listen to music, the less each song is worth, because it ci=uts the pie into smaller and smaller slices. I've seen statements from some fairly popular independent musicians that suggest they're making a pretty good living from streaming.

But often, unless musicians have a blockbuster number, they aren't making a great deal.

.- Who is to blame for this?

The streaming services and the record labels both bear responsibility.

Spotify pays a big chunk of its sales to the record labels, and then it's up to those labels to distribute the money to musicians. The music industry doesn't have a great track record of paying artists fairly.

But Spotify is also nowhere close its stated mission of ''giving a million creative artists for opportunity to live off their art.'' It likely has around seven million artists on its platform, and Spotify figures show that only about 13,000 of them generated $50,000 or more in payments last year.

How can the number of people get to a million?

.- Haven't many musicians always felt exploited and underpaid?

Yes, but the streaming model has exacerbated the divide between superstars and everybody else. It's also a fallacy to dismiss musicians' complaints.

Economic inequality has been around a long time, but it still should be addressed.

.- What's the solution? Can streaming ever work for everyone?

There's a talk of changing the payments system to a ''user-centric model'' that would allocate payments based on what people listen to. If I listen only to Herbie Hancock on Spotify, my subscription fee goes only to him, after the service takes it cuts.

Proponents say this system would be more fair, especially to artists in niche genres. But there have been studies that say it's not that simple. And I wonder if it's too late to change.

.- Are any companies doing it differently?

There's a smaller music service, Bandcamp, that musicians tend to like. It lets artists limit how often their music is streamed and takes a relatively small commission on sales of song downloads, T-shirts and things like that.

It's proof that Spotify isn't the only way it can be done.

The World Students Society thanks authors Shira Ovide and Ben Sisario.

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