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Online Relief For Listeners Isn’t Replacing Income For Devastated Musicians

MUSIC Posted: April 20, 2020 4:15 am

There’s just nothing left, really. “The temporary halt to playing live removes the one dependable way musicians can make money. Royalties from music being played in pubs, clubs and shops are suddenly in jeopardy, and with advertising revenues down, the fees paid to music publishers by broadcasters may be cut. Given the long-term decline of physical sales, that only leaves streaming – at which point, let us remind ourselves that YouTube’s average per-stream rate has been put at a princely 0.13p, and that Spotify is reckoned to pay artists an average of 0.26p per listen.” – The Guardian (UK)

MUSIC Published: 04.19.20

Read the story in The Guardian (UK) Published: 04.19.20

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