Quote:
Originally posted by kevinnyc
It's very simple: FANS and ARTISTS
TIDAL did it wrong with $20 which fans hate.
SPOTIFY's problem is free-streaming which artists hate.
APPLE was capable and big enough to win them both, but they didn't.
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Let me tell you something and I hope you'll understand it the right way, I don't wanna get a WP
Artists are pretty stupid if we hear them talking about money and the worth of their art. They should shut up, simple as that. And be thankfully for their talent.
For the money, they have a management for their art it is on us to decide.
Last month we talked about Lorde and her earnings on Sportify, it's about 2 million $, most of us won't get that money in a lifetime, I needed about 30 years of hard working before taxes.
Is it much for an successful artist? No but how many subscribers has Sportify, today? Maybe 30 millions, Now I say, if we all use streaming, we will get about 3 billion subscribers in the future, That's a 100 times more than today.
So with 3 billion subscribers of different providers Lorde won't earn a 100 times more but 20 times would be possible, that would be 40 million dollars and that's a lot.
PS
The best and the second best musician of all time had a fortune about 300k $ when they died, After their death, musicians have earned for each of them more than 20 billions of dollars by their name. That's a performance measurement for value of art.
We can talk about this in 200 years and Taylor's earnings after, hopefully, a long life.