Re:Underestimating the power of Jeff Bezos
by WalterSear on Monday September 18, 2017 @03:13PM
(#15278645)
It's half a cent per song play. Artists on record labels will be receiving a small percentage of that, independent artist will pocket most of the half penny, and consequently will get paid ~$480 for every 100,000 plays.
After $100 registration per album, on CDBaby, the artist receives 100% of the receipt. Bandcamp takes 15%. So, yes, there are ways to buy music in which an artist receives the money: we just don't choose to buy albums because streaming is cheaper and more convenient. But don't fool yourself: virtually none of the $500 you paid went to support the artists or further their work.
Over the past 5 years, I paid ~$500 for streaming subscriptions. It is incredibly unlikely that I would have bought $500 worth of albums in this time period. This is money that would have been left on the table.
What does half a cent per stream mean in this context? Half a cent per single song play? Per album play? How many cents do you pay per play to the artist for a song that you bought, instead of streamed?