> Moreover, notes Werde, within the pie chart detailing the total revenue that Spotify generates through music streaming, “roughly 70% of it is going to rights holders,” he says. The actual recording artists? “They’re keeping anywhere between 5% and a quarter.”
The impact on actual album sales likely hits hard, too; I recall an artist on NPR talking about how one CD sale nets them more into their actual pocket than a hundred thousand streams.
> Moreover, notes Werde, within the pie chart detailing the total revenue that Spotify generates through music streaming, “roughly 70% of it is going to rights holders,” he says. The actual recording artists? “They’re keeping anywhere between 5% and a quarter.”
The impact on actual album sales likely hits hard, too; I recall an artist on NPR talking about how one CD sale nets them more into their actual pocket than a hundred thousand streams.