All posts tagged: Online Streaming

Taylor Swift and Equity for Artists

Taylor Swift recently pulled her entire catalog of songs off Spotify, arguing that there “should be an inherent value placed on art.”  It appears that Taylor made about $500,000 last year in domestic streaming through Spotify.  Before her departure, she had millions of people playing her songs every day. Spotify argues that artists will reap the benefits of allowing their work to be streamed when a critical mass signs up for the service.  For people like Taylor Swift who already have a huge following, this potentially works out well.  For most musicians, Spotify is hardly an option.  This article in the Atlantic is a dose of reality, stating that it takes over 4 million plays per month on Spotify for an artist to make a paltry $1,160. Historically, record label agents were the gate keepers who “picked” the artists they would represent.  Due to time and staff size, only a few artists were chosen to fill out a roster each year, leaving most artists behind.  Then, ten to fifteen years ago, many believed that the …