It’s a Trap! TIDAL and the common fallacy of music royalties
(...)
Today’s relaunch of the lossless streaming service TIDAL was nothing more than a 15 minute parade of fame masquerading as a protest march for justice in the war on artist compensation. Jack White, Jason Aldean, Madonna, Rihanna, Daft Punk, Deadmau5, and a zillion other
household names took the stage to declare their allegiance to a fledgling music service with no traction, no cashflow, and (in my opinion) sub-par software, all in the name of getting paid.
Guess what: they’re still not getting paid.
The reason artists don’t get paid from streaming services is that they don’t own the music they record.
It’s scary for artists to learn how many people have listened to their music, and compare to the fractional royalty statements they’re being sent.
Thing is, it’s not Spotify’s fault.
(...)
Labels own the content, and they sell it to TIDAL and other services wholesale. And that’s who gets paid. If an artist gets anything (sometimes they do, sometimes they don’t), it’s because the deal they have with their label allows for a fraction of sales to be paid out as royalties (after they recoup their advances, of course).
If we want a war, let’s have a war. But let’s make it about unfair label contracts, and not about whether streaming services are paying out enough money.
READ THE Full article before posting nonsense: https://medium.com/@revrev/it-s-a-tr...s-db479441ad58
this is how they make their money.
