Have you ever been to Spin?
Well, I kinda like the music........................
Doing the math...at $.002 per stream, at one million streams, that’s $2000.
Unless the song is big hit, most won’t get even close to a million streams.
I would like to know how much Apple makes. Without the music provided they would not make anything. Do Apple execs laugh when they come out with such a low low payout? It is like the old days when the tv actor was paid $300 a week for a hit show while the studio rakes in millions.
For most indie music, they are overpaying.
So that's 1/5 of a cent. Five streams and you get a whole penny, before taxes.
The old Record Company Rape was better. At least they would pay to have your teeth fixed.
Thanks downloaders, enjoy your new music industry where only one of Rod Stewart’s 47 illegitimate kids gets a break.
Question is, what is that relevant to other streaming services are paying?
You can’t expect an individual playing of a song to one individual to have a high payment rate in any medium.
Broadcast radio doesn’t pay a performer jack for their song when they play it... the songwriter and the publisher get paid but not the performer, the amount varies on various factors.
The closest I could come up to for broadcast radio was the college radio format which is a minimum of 6 cents is paid to the songwriter and publisher whenever a college radio station plays a song. So if you assume a college radio station has a listening audience of a few hundred to a few thousand people at most at any time, you wind up with a payment in the ballpark of what Apple is said to be paying.
Artists, other than the very top tier guys, don’t get paid much at all, they get very little off their record sales etc... touring is where they make most of their $$.
Obviously once you are an established successful player you can negotiate better terms and self produce etc etc and make more money for yourself form your song sales etc.
MC Hammer gave a good interview about this years ago, when he initially turned down the record company who came calling for him because he knew he could sell a few 10s of thousands of CD’s he’d self produced out the back of his car and make more money that selling millions of them as a signed artists, its part of the reason he wound up making so much money (although he blew it all anyway) of such a short career... he was getting far far higher percentage of sales that most beginning signed artists.
I really feel sorry for Taylor Swift. The royalties she could be losing from Apple might cost her having another mansion or her own private island. The real losers are the song writers who get paid pittance while the artists like Swift use their works to make millions.
If you want on or off the Mac Ping List, Freepmail me.