View this image '
LOS ANGELES, CA - OCTOBER 02: Singer Justin Bieber performs during his 'Believe' tour at The Staples Center on October 2, 2012 in Los Angeles, California.Kevin Winter / Getty Images
We're buyingless music than we did the year before. Just like last year. And the year before that, and so on. But now more than ever we're streaming on YouTube, Pandora, Spotify, Rdio, MOG and a whole host of other digital music services - creating an entirely new pathway between your music loving ears and an artist's bank account, one that is anything but straightforward. As Spotify subscriberscontinue to grow - up 5 million active users and 1 million paying subscribers since January - global physical format salescontinue to drop, down about 19 mark - while theInterim Fairness in Radio Starting Today Act would move the royalty rates of satellite up to match Pandora's. The first bill would favor the music providers, while the second bill would increase revenues for the copyright holders. If neither legislation is passed, Internet radio will continue to suffer. And as promising as the future of interactive streaming services looks, their sketchy private negotiations are a much more uncertain source of revenue for artists. As long as the Internet is around, people are going to want to listen to music ON THE INTERNET- but the only way that's going to keep happening is if current copyright laws are updated to favor both the music providers and the people making music.
Read more:http://buzzfeed.com/atmccann/why-no-one-knows-how-much-money-musicians-are-maki Why No One Knows How Much Money Musicians Are Making Now
1/1 Powered by TCPDF (www.tcpdf.org)