mwandishi
New member
I though this would be interesting to discuss given the other thread about Tidal and artist royalties.
Money quote:
The Verge was unable to determine how much the artists get from this deal — “Some artists have clauses in their contracts to get a larger share of the streaming revenue, and some artists are still operating under CD-era contracts that only give them 15–20 percent of their streaming revenues” — but this much is clear: If this is characteristic of other deals, it seems like the record labels are making bank off the streaming services.
Leaked Spotify Contract Reveals Sony?s Streaming Rates, Advances - Stereogum
What a surprise the majors are getting big loot
Money quote:
The Verge was unable to determine how much the artists get from this deal — “Some artists have clauses in their contracts to get a larger share of the streaming revenue, and some artists are still operating under CD-era contracts that only give them 15–20 percent of their streaming revenues” — but this much is clear: If this is characteristic of other deals, it seems like the record labels are making bank off the streaming services.
Leaked Spotify Contract Reveals Sony?s Streaming Rates, Advances - Stereogum
What a surprise the majors are getting big loot