How much do artists make from streaming?
Experts often point out that streaming is the future of the industry. But although it indeed sounds like a dream for consumers, who would pay a single monthly fee and stream all music they want, musicians are of another opinion.
It should be added that it is quite difficult to find out just how lucrative Spotify or Apple’s iTunes Match streaming services are. That is because neither artists nor the providers of the services want to expose any details.
However, the American band Parks and Gardens has revealed just how much it makes.
It turns out each song play nets the group just under 1/3 of a cent when streamed from Apple’s cloud music service and slightly more than that from Spotify.
So Parks and Gardens would need to see over 3 plays for any song to get them a cent of revenue from a song on iTunes Match.
Besides, the band already pays distribution service TuneCore $50 a year just to place their music on the services. So they need over 15,127 plays of their songs to break even on distributing them alone.
It can be concluded that streaming services help cash in only to artists that have millions of fans, reports The Next Web.
Ref: 103.105.105.2083
Related posts
Lembergs on residents' complaints: not worth listening to chatter on the streets!
A serious competition for the seat of Mayor of Ventspils has been brewing for a good time against Aivars Lembergs.
Apple has avoided paying billions in U.S. taxes, investigation unveils
U.S. Senate has released a lengthy report outlining the corporate strateges the hi-tech giant has employed to avoid paying billions in U.S. taxes.
Latvian entrepreneurs have the longest hours in the Baltics
Compared to their colleagues in Estonia and Lithuania, Latvian businessmen are used to working longer hours. At the same time, they devote less time to physical activities than their counterparts in Estonia, even though they are more active than Lithuanians.
Friendship with Unity – the only thing that keeps Prudentia afloat?
The income Prudentia Advisers received from the agreement with Latvia's national airBaltic airline was the company's only source of income last year.
Microsoft monitors Skype more closely than previously believed, reports suggest
Your Skype conversations aren't very private, a new report reveals. In an experiment, tech news site Ars Technica found that two out of the four links they sent over Skype were accessed by a computer that matched Microsoft's IP address.
Tornado in U.S. moves on reaching 320 km/h in Oklahoma City
A suburb of Oklahoma City has suffered a massive tornado. 91 people, including 20 children have been left dead, Oklahoma state officials have said.
Reform Party: language problem popularization at kindergartens is a political game
The popularization of the language problem in kindergartens two weeks before the elections and without attracting experts is merely a political game, Reform Party believes (RP).
Education Ministry: the English language exam experiment was successful
The experiment with the centralized passing of the English language exam this March was fruitful, believes the manager of the State Education Contents Centre of the Latvian Education and Science Ministry Guntis Vasilevskis.
United Airlines restarts Dreamliner 787 flights
United Airlines is getting its 787s back in the air. The planes are returning after being grounded for four months by the federal government because of smoldering batteries on 787s owned by other airlines.
Riga mayoral candidate. Guntis Belēvičs: bull in a china shop?
Guntis Belēvičs, the Latvian Greens Party candidate for the mayoral position of Riga, describes himself as a successful businessman who doesn't need anything, for he has all. In other words, he has reached a state, in which he can fully devote himself to serving the society and development of Riga.
Tourists die in Turkey balloon crash
Two tourists have been killed and more than 20 other people injured after two hot-air balloons collided in Turkey.
China offers India a handshake across the Himalayas
India and China will study new ways to ease tensions along their ill-defined border, Chinese Premier Li Keqiang said on Monday in his first foreign trip since taking office, which comes just weeks after a military stand-off between the Asian giants in the Himalayas.
Tornadoes leave a trail of destruction in central U.S.
In the wake of a tornado, one person is reported dead and several others injured in the U.S. state of Oklahoma.
Prudentia distances from the consequences of the advices it once gave
In its secret report to the Cabinet of Ministers in regard to Liepājas metalurgs on April 16, Prudentia basically refused to take any responsibility for any losses that could arise from following the recommendations proposed by the company.
Syria army storms rebel town Qusair
Fighting has raged in Syria's town of Qusair after government troops launched a major operation to seize the strategic rebel stronghold.
Survey: popularity of current Ventspils management is below 50%
For the first time since the foundation of the current management of Ventspils, its popularity among the residents of Ventspils has dropped below 50%, according to the results of a pre-election survey carried out by Baltic News Network (BNN).
Weather in Latvia to cool down at the end of the week
This week is expected to have variable weather in Latvia – heat and thunderstorms. Rain is expected to be heavy, as is the wind.
LHV bank to take over Snoras Leasing
Estonian LHV bank has unveiled that negotiations have concluded successfully on the acquisition of the Lithuanian investment company Snoras Leasing.
Hockey Championship: Sweden triumphs
Sweden's national ice hockey team won the finals of the World Ice Hockey Championship 2013 on May 19. With a score of 5:1 (2:1, 0:0, 3:0) Sweden won the final match against Switzerland.
Yahoo to buy Tumblr for $1.1 billion
The former Web innovator Yahoo is said to be planning a purchase of the popular blogging service Tumblr for approximately $1.1 billion. Experts in the field consider this a signal of the company's objective to reposition itself in a time when the technology industry rushes into social networking.
By rounding prices in Euro, the zoo, theatres and museums would violate the law
Riga Zoological garden as well as Latvian theatres and museums could potentially violate the Euro Transition Law. This may be possible because of the plans of these institutions to keep to a rounded ticket price strategy, having them rounded after the currency transition. Some prices could be lowered, others – increased.
Bribery accused Latvian official not found in Vena; authorities may start international manhunt
Even though the bribery accused Vladimir Vaskevics stated the Hospital of the Brethren of Mercy in Vena as his last location, he is not there. Defendants of the accused continue to claim that Vaskevics is sick and will need more time to recover.
Economic Diary: Smash Business with Taxes
Officials worked on a whole package of law amendments this week. Those mostly cover entrepreneurship. Will these amendments be approved. If so – in what way? It is unknown, however, whether any of the amendments will make entrepreneurs rejoice.
Latvia will not be organizing the 2017 World Ice Hockey Championship
The joint candidacy of Latvia and Denmark to host the 2017 World Ice Hockey Championship was declined by the International Ice Hockey Federation's Congress on May 17.
Criminal proceedings initiated following searches in RCC Transport Department
The search that was carried out by the Corruption Prevention and Combating Bureau on May 16 at the Transport Departments of Riga City Council is linked to the passenger carrying services in the capital.
Recommended
Latest
- Daily Joke: Job Qualification
-
Photo: Apocalyptic skies during extreme weather
-
May 20 in pictures
- Daily Joke: Shopping Compliments
- Recipe: Cherry-Bourbon Pie
- Latvia and Europe attract people with Museum Night event
-
Cannes film festival suffers $1m jewellery theft
- At least 10% of Facebook users aren't human
-
Photos of the week, 2013.05.17.
- Daily Joke: Mind Variables
Most read
-
May 16 in pictures
- Daily Joke: Technology Helps Us Every Day
- At least 10% of Facebook users aren't human
-
Cannes film festival suffers $1m jewellery theft
- Daily Joke: Mind Variables
-
Photos of the week, 2013.05.17.
- Latvia and Europe attract people with Museum Night event
-
May 15 in pictures
-
May 14 in pictures
-
Photo: The psychedelic cargo haulers of Pakistan's highways
Most commented
-
Photo: Apocalyptic skies during extreme weather
- Daily Joke: Technology Helps Us Every Day
- Daily Joke: Job Qualification
-
May 16 in pictures
- Daily Joke: Mind Variables
- Daily Joke: Choosing Work Over Life
-
Photos of the week, 2013.05.17.
-
May 14 in pictures
- At least 10% of Facebook users aren't human
-
53 years of nuclear tests as electronic music
Top 5 Business news
Latvia's foreign trade export is growing faster than import
Latvenergo's profits drop by 18.5% in 2012
Slow-down in Estonia’s growth expected
Searches carried out at homes and offices of Liepājas metalurgs Board and sharholders
PAA bath manufacturer modernizes production plant and creates Silk Stone material
Top 5 Social news
Top 5 World news
Top 5 Video
Newest galleries
Newest comments
-
tom @ 2013-05-21 12:53:57
-
Igor @ 2013-05-21 12:22:17
-
TJ @ 2013-05-21 11:42:42
Terrible disaster, God Bless those poor people, I pray for them.
-
Bjorn @ 2013-05-21 09:53:23
-
Bigidule @ 2013-05-20 15:22:24
45000 for these charlattans. They have money to waste unless it is bribe for some politics.



(No Ratings Yet)
