Musicians deal with stingy streamers and AI threats, too. So why aren't they on strike?
This is reflective of a broader trend—artists want direct ownership over the relationship with their fans, and to be compensated based on how these fans interact with their music. Case in point: SoundCloud’s recent foray into ‘fan-centric’ payouts, Deezer’s continued experimentation with user-centric payout models, and the ongoing parliamentary inq... See more
Yash Bagal • A New Funnel for Music
The money flowing to recording artists dropped 65% in 15 years between 1999 and 2014 because digital music technology disrupted the mechanism the recording labels had for collecting money from consumers. With streaming technologies on the rise, and now NFTs, the tide has turned in the last 7 years. Same skills. Same inherent joy for the music maker... See more
James Currier • The Economics of Creativity: Who Gets Paid and Why
Take the music industry, for example. From Napster to the iTunes Music Store and now Spotify, the last two decades look a lot like an exercise in how to use internet platforms to effectively deny income to musicians while extracting maximum value in content and data.
Tim Maughan • Platforms, Creative Communities, and the Need for a Radical Reimagining - The Reboot
