Jump to content

Spotify CEO Daniel Ek says working musicians can no longer release music only “once every three to four years.” Spotify's stock value hit all-time highs of $50 billion this summer.


Recommended Posts

I’ve spent about 4 years working for a booking agency doing show/tour production, mainly for artists (indie bands, postrock, singer/songwriter, electronic music live acts and DJs) with small to medium sized fan bases. 
During this time spotify was already well established and through all the conversations I’ve had with people I’ve never heard a single touring artist complain about streaming services. 
There’s always going to be pros and cons to any situation (duh) but I feel that one thing that’s often being overlooked when streaming services are discussed is the fact that back when they weren’t a thing a large portion of the costs of producing a record and consequently manufacturing the physical medium carrying the record was coming out of the pocket of the band. You get a 50k record deal but that 50k is supposed to also cover studio time, promotion and touring. Whatever’s left over is for the band, and usually that’s not a lot, considering that’s at least 3 people spending at least 6 months of their life making and then touring a record. This has not changed at all with the dawn of streaming services (the bands especially, DJs/live acts were much better of money wise, I worked for had to put in their own money to be able to tour after putting out a record, sure the venue will pay you 1500,- to play a show but you have to cover the airline tickets, rent a van, fuck we need to rent a backline because some assholes playing the same venue don’t want to share their drumkit, etc) but at least there’s a platform where your music is constantly available and gets some promotion, however indirect, at a relatively low cost. 

My apologies for the long and somewhat rambling post but my point is that trying to make money of music has never been easy and streaming services really haven’t changed much about that, be it in a positive or negative sense. There is definitely a lot of room for improvement, but wankers like Ek are just receiving the wrath anyone involved in the music industry at that level should have been getting since forever but rather than one bald Scandinavian doing ted talks or whatever it was a bunch of anonymous dudes in the form of record and execs that maybe got slammed in an interview and no one cared. 
Streaming services are a given. I’ve more personal and emotional views on these services and they have been expressed by others in this thread so in the name of global warming I’ll now end my verbal diarrhoea. 
 

edit: my apologies for the horrible formatting, phone post. 

Edited by user
  • Like 6
Link to post
Share on other sites
  • Replies 399
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

"your art must conform to to the market, specifically the type of market that I control" the absolute narcissism of the rich

Never used Spotify, never will

Posted Images

59 minutes ago, ghsotword said:

It seems to me that the current state of things is that people whose main output is hot air (middlemen, managers, marketers, speculators, frauds, politicians) tend to get paid well and people who actually produce anything don't usually get paid as much

Agree.  It's the same when you take a step back and look at corporations in general.  Financial corporations can make tons of money with very little overhead, and contribute very little to the betterment of society as a whole, whereas manufacturing takes real investment (capital and human), time, and volume to make a modest profit.  In today's world where every business is so focused on the short-term and on shareholder returns, nobody wants to take the time to invest in long-term anymore even if it betters society as a whole.

  • Like 7
Link to post
Share on other sites

^Yeah, that's another reason a financial transaction tax would be helpful. It would target the finance economy much more than the real economy. Giving that money to the people would probably make them put it back into the real economy rather than buying financial products.

  • Like 1
Link to post
Share on other sites

Damn, this makes me feel even more guilty on streaming the music on there when I already do. This pisses me off. Need that SSI backpay to come sooner so I can actually buy all my fav artist's discographies. But I shouldn't be surprised that a big name streaming service doesn't give a fuck about the artist.

Link to post
Share on other sites

I stream through Apple Music and purchase off Bandcamp/Warp/planet mu etc. So artists are really double dipping off me. 
I used to be all about physical objects, but lugging record/CD collections around the world lost its lustre in a hurry. 

  • Like 4
  • Thanks 1
Link to post
Share on other sites
14 hours ago, Candiru said:

Maybe it’s making new music less exciting. Looking at the Pfork cover what seems like this week’s latest high school talent show doesn’t seem as substantial as watching a non canonized band’s new music video in 1997. There will be no stars, no one will seem very important. 

No one is.

  • Like 1
Link to post
Share on other sites
1 hour ago, chenGOD said:

I stream through Apple Music and purchase off Bandcamp/Warp/planet mu etc. So artists are really double dipping off me. 
I used to be all about physical objects, but lugging record/CD collections around the world lost its lustre in a hurry. 

i don't know if i'd call it double dipping.  it's more like 1.003 dipping 😉  

apple is the one you're paying for the streaming engine. the artists just get that slight quarterly bonus or however the royalty is set up w/their aggregator.

i buy from bandcamp, bleep and sometimes label direct if their site is set up for it. usually just files but sometimes vinyl and files. 

  • Like 2
Link to post
Share on other sites
32 minutes ago, ignatius said:

don't know if i'd call it double dipping.  it's more like 1.003 dipping 😉 

touche. lol

 

I feel slightly less shitty about using apple, as they actually argued for a direct payout per stream as opposed to the current revenue based format (which dis-incentivizes companies from making revenue). Yes don't know how I forgot to list bleep, but I think that's what I meant when I said warp. One of these days I'll get around to purchasing all of the AtomTM Audio Archive, but for now most of my listens to Mr. Schmidt are through Apple Music...

  • Like 2
Link to post
Share on other sites
57 minutes ago, luke viia said:

thought this article was interesting (not an opinion piece): https://soundcharts.com/blog/music-streaming-rates-payouts

whoa. fuck'n lawyers came up w/this shit ya know. all the various  royalties payouts from the dawn of the industry were cocked up by some lawyers and accountants.. digital even more so it seems. what a racket.

  • Like 1
Link to post
Share on other sites

I've got a few people off Spotify recently and onto bandcamp with the following chat - tenner a month is probably two albums a month off bandcamp, 24 albums is plenty to care about in a year and you get the warm fuzzies from buying direct and feel like you're sidestepping the horrorshow of the industry.

Sure, stream or steal stuff from old rich dead musicians, (or keep second hand record shops open) but buy stuff from the young poor and alive

  • Like 6
Link to post
Share on other sites

Free market capitalism brought us here folks-

It's true.

*We* are all a bit skewed because we all love music here. 

But the largely uneducated, non-critical thinking masses have decided that music is something you drive to, fuck to, make narcissistic  video clips with, and it should just magically float thru the air with yr cell phone subscription.

Just support the underground with money as much as you can. Enjoy it. That's the real shit.

 

 

 

  • Like 7
Link to post
Share on other sites

Just note how digital market has changed musical revenues in last 20 years.

Somebody remember Napster/Emule/Torrent? Traditional artists were forced to adapt as others started doing their own things, then some oldies were forgotten and others peaked fame as always has been. I think that a good pedagogy in musical culture is key to get people into jazz, tribal, classical, funk, psychedelia or minor styles, each one of us will spend money based on our knowledge.

Artists should be payed more by streaming platforms, but yo kno who owns the infrastructure has the powa

see ya

Edited by Diurn
  • Like 1
Link to post
Share on other sites
On 8/2/2020 at 8:59 PM, ghsotword said:

It seems to me that the current state of things is that people whose main output is hot air (middlemen, managers, marketers, speculators, frauds, politicians) tend to get paid well and people who actually produce anything don't usually get paid as much

in big bucks music world, words speak volumes louder than actions..fake it till ya make it and all that...

Edited by mause
  • Like 1
Link to post
Share on other sites
16 hours ago, chenGOD said:

I used to be all about physical objects, but lugging record/CD collections around the world lost its lustre in a hurry. 

can totally relate to that, as I'm sure a lot of folks here can as well. books, cds, vinyl, musical instruments, photos, and clothes are the constants I've been dragging around with me for 20+ years.

Link to post
Share on other sites
2 hours ago, qualitycontrol said:

Free market capitalism brought us here folks-

It's true.

*We* are all a bit skewed because we all love music here. 

But the largely uneducated, non-critical thinking masses have decided that music is something you drive to, fuck to, make narcissistic  video clips with, and it should just magically float thru the air with yr cell phone subscription.

Just support the underground with money as much as you can. Enjoy it. That's the real shit.

The moral of the story: make more music people would like to fuck to.

  • Like 1
Link to post
Share on other sites
On 7/30/2020 at 10:51 PM, vkxwz said:

Mate what are you on about, the average listener wouldn't even be able to tell the difference between high quality flacs and what spotify streams. In their eyes it's just a pain in the ass and more expensive for literally no change to buy hq stuff from artists and put in on their phones. Hate steaming services all you want but you have to be braindead to think it's just "laziness".

 

Everyone's always crying about how the music industry is ruined thanks to streaming services, piracy, whatever the fuck. Just sounds like excuses for why they aren't making bank. In the music industry where these issues didn't exist the barrier to entry was way higher AND you were completely at the mercy of record labels to pick up your stuff anyway.

yeah, but that barrier gave you better artists. You had to work very hard to be great. We have more noise and less quality and poorer artists. Things are not better now. Not at all for musicians.  You must be really young. 

Horse has left the barn now, but to say things are better cause you can get a few thousand plays on band camp versus what we had in the past.  

 

Edited by marf
Link to post
Share on other sites

But the strange thing is there is a ton of money in the recording industry. Gear is more expensive than ever. It keeps going up. Studios drop serious money on gear. Then the artists shows up with fruit loops to contribute to the noise

Link to post
Share on other sites
4 hours ago, qualitycontrol said:

Free market capitalism brought us here folks-

It's true.

*We* are all a bit skewed because we all love music here. 

But the largely uneducated, non-critical thinking masses have decided that music is something you drive to, fuck to, make narcissistic  video clips with, and it should just magically float thru the air with yr cell phone subscription.

Just support the underground with money as much as you can. Enjoy it. That's the real shit.

 

 

 

edit:  stupid youtube won't embed

Edited by randomsummer
Link to post
Share on other sites
7 hours ago, qualitycontrol said:

Just support the underground with money as much as you can. Enjoy it. That's the real shit.

Good thing I'm not wealthy, because underground would turn to pop

  • Like 1
  • Haha 1
Link to post
Share on other sites
19 hours ago, marf said:

But the strange thing is there is a ton of money in the recording industry. Gear is more expensive than ever. It keeps going up. Studios drop serious money on gear. Then the artists shows up with fruit loops to contribute to the noise

Big players don't need Spotify plays, they get radio royalties, big tours etc. Gear is also a volatile investment for sellers. Undesirable items hog up space in stores/inventory and will have to drop in price just to leave room for new stuff. The used vintage market is undergoing a huge speculation bubble waiting to burst.

Edited by chim
Link to post
Share on other sites
20 hours ago, marf said:

But the strange thing is there is a ton of money in the recording industry. Gear is more expensive than ever. It keeps going up. Studios drop serious money on gear. Then the artists shows up with fruit loops to contribute to the noise

Maybe vintage gear, however the cost you need to run a decent sounding home studio has never been cheaper.  For the amount that it used to cost you to rent a week in a studio, you can build a decent home recording setup. As a result, people are spending less time/money in recording studios. Most recording studios have gone under, and the ones that still exist struggle and have to diversify their business quite a bit. 

Link to post
Share on other sites

In the past you got shafted by record companies and now you get shafted by streaming services. Now at least you can release whatever the fuck you want, when you want and globally.

I remember the days when I had to first order a paper catalog, wait for it to arrive by mail, choose what CD I wanted, then pay 20€ and wait for the CD to arrive by mail only to realize it was complete shit. Fuck them days. You guys that had decent record stores near you were very lucky.

  • Like 1
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...