376
Kate Nash and Lily Allen on OnlyFans should be a wake-up call for the music industry
(www.standard.co.uk)
this post was submitted on 26 Nov 2024
376 points (95.6% liked)
Not The Onion
12582 readers
742 users here now
Welcome
We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!
The Rules
Posts must be:
- Links to news stories from...
- ...credible sources, with...
- ...their original headlines, that...
- ...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”
Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.
And that’s basically it!
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
In another thread someone said Spotify is paying out 17k per month for her streams. And that's only Spotify. If she's making more on OF, that means there are a lot of foot people and the music royalty situation is completely fucked up, because I don't think the money ends up with her.
I remember reading that Spotify pays out around 4k per day (~120k per month) for her streams but the majority of that payout goes to the rights holder and Allen gets pennies. I think Spotify is paying a reasonable amount (at least in my opinion but I'm far from an expert on the matter) and the music industry is the one screwing her over.
Wow, that is a shitton of money. Yeah, it really sounds like the music industry is shit and broken like everything else.
Spotify pays artists less than any major streaming platform (Apple music, tidal, etc.)
Do they actually pay less or do they pay less per stream? Because those two things are not the same.
Good question. I'm speaking per stream, not sure overall.
Per stream can be very misleading because if Apple pays double per stream but the song gets double the streams on Spotify the payout is exactly the same. There's an argument to be made that if you got as many streams on Apple as you do on Spotify you'd make more money but let's be real, if Apple got as many streams as Spotify their per stream price would also be closer to what Spotify pays. These companies aren't paying extra out of kindness. Their per stream pricing is higher because they know they (on average) won't get Spotify number of streams. They can undercut Spotify to make themselves look better while most likely paying out roughly as much (or maybe even less than) what Spotify pays out.
You know, I'm generally with you there, but Tidal recently lowered the price of its Hi-Fi tier to match apple music's price while Spotify still hasn't made good on their lossless promise.
I just don't get the appeal of Spotify aside from sunk cost. The podcast spam is enough for me.
I'm not saying that's wrong, because I don't have the information, but I have repeatedly read on different news articles that Spotify pays peanuts: way less than that to big artists. I will have to check for updated and reliable sources.
They don’t pay as well as Apple and Tidal but they pay much better than YouTube
When you’re indy you don’t make money from streaming. When you’re actually popular you do, but the record company gets it. It’s like when hard partying rockstars used to all go broke. It’s because they made millions but the corporations took it all and made them pay back the recording and partying costs out of their meager earnings. Then if the band was bust the company would write off the expenses as a loss while still collecting from the artists’ share.
For Taylor Swift’s 1999 album, there was an article that showed Spotify had paid millions to the record company and Swift got about $200. That’s why she’s re-recording everything as “Taylor’s version.” So she can get the revenue.
The singer of Cracker showed his earnings from streaming the song Low one month and TouTube had way more views than any streamer and had paid pennies. Seriously it was like .32.
My last check from streaming was $12 and that was only split two ways.
Others might pay more, but the point is, that Spotify pays so much more than what ends up with the artists.
Thank you, I didn't know that. I know that record labels have been screwing artists for decades... but I didn't know that Spotify was actually paying good money for the listens, it just doesn't reach the artist.
There's been years of anti Spotify propaganda. It's not surprising that it sticks.