How are music artists paid when they drop their music on streaming platforms?
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How are music artists paid when they drop their music on streaming platforms?
Musicians don’t really make any money from album sales, they’re almost entirely dependant on gigs and merch sales. It’s almost impossible for new artists to get a leg up considering there is really no real way to make money in music. Touring only works for well known artists. Promoters are not in the business to develop new talent. Major labels are now only working with artists that have a large budget of their own.
Streaming is merely a means of gaining exposure, and unless a musician is getting millions of plays a month, it usually doesn’t amount to much. Most musicians make money on endorsement deals, merchandise, and live performances. The richest musicians make their money outside the music industry.