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The (Not Great) Business of Streaming Music

Discussion in 'Article Discussion' started by Melody Bot, Apr 2, 2018.

  1. Melody Bot Apr 2, 2018
    Melody Bot

    Your friendly little forum bot. Staff Member

    This article has been imported from chorus.fm for discussion. All of the forum rules still apply.

    Keith Nelson Jr. sat down with Pandora’s vice president of global content licensing, Elizabeth Moody, to talk about streaming services, the future of music licensing, and the inherent issues these services are seeing trying to turn a profit:


    I think that it’s going to take a shift in the structure of the industry to really allow digital services like Spotify or other competitors to have a fully sustainable business. You see pure-play services like Spotify and Pandora suffering while there are companies like Amazon and Google and Apple that can use music as a loss leader for other services. […] I mean, right now, the record labels (and then the music publishers) are really taking the lion’s share of the revenue. You know, sometimes the artists or others will argue it’s getting stuck at the labels. I think it’s a more complicated problem than just saying, “Oh they’re not paying the artists.”
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  2. Malatesta Apr 3, 2018
    Malatesta

    i may get better but we won't ever get well Prestigious

    i get the impression record labels + streaming services are just kinda a death spiral for the artists. unfortunately, i don't see labels relinquishing much of their ground - and since those are overwhelmingly the artists which get plays on streaming services, a strategy of sweetening deals for artists in an attempt to strip them off of labels seems unlikely to work either. i don't know that capitalism is ultimately sustainable for artists on the scale of these services/labels, although bandcamp seems to be doing ok on its own and by its hosted artists.
     
    Raku likes this.