12/20/2023 0 Comments Spotify ceo to musicians![]() ![]() He noted that, as traditional revenue streams dry up, streaming sites like Pandora are growing. “As the highest paying form of radio, Pandora is proud to play the music of thousands of artists for our more than 75 million users,” Dave Grimaldi, Pandora’s director of public affairs, said in an email. On Wednesday, Pandora compared its service not to record sales, but to a traditional radio station. In his blog post, Ek said he’s open to exploring ways to compensate writers and performers more fairly.Įarlier this year, Pandora came under fire for its payment model after singer Bette Midler had complained about it, saying she’d gotten $114 for more than 4 million plays on the site. “But a lot of those artists co-wrote with people like me. “At some point, they sold the acts some idea like, ‘We’re promoting your music so you can go out and tour and make money with merchandise and ticket sales and stuff,’ ” Child said. ![]() That kind of contract pays a bigger percentage to record labels than licensing agreements, which pay out at about 50-50 between artists and record companies. Streaming sites treat each stream like a purchase, similar to downloading a song from iTunes. “It doesn’t add to my income in any way that isn’t negligible,” he said.ĭesmond Child says he split $110 three ways for 6.5 million Pandora plays of Bon Jovi's "Livin' on a Prayer." But Isbell said he earns so little in online streaming royalties that he barely pays attention to them. The Taylor Swifts of the world can actually make out well on streaming sites – Spotify said she had been on pace to make $6 million from the app this year. ![]() “I’m glad the Taylor Swift thing has caused people to consider it more, because I do think it’s an imperfect business model,” said Jason Isbell, the Americana Music Association’s 2014 Artist of the Year, whose albums are available on the streaming sites. Spotify has roughly 50 million users, who either pay $9.99 a month for the service or listen to a free version with advertisements. Last week, singer Taylor Swift pulled all of her music from Spotify, saying that the ability to stream her new album, “1989,” threatened to hurt sales. But musicians and songwriters say they’re barely seeing any money from streaming. ![]()
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