"Old songs now represent 70 percent of the U.S. music market. Even worse: The new-music market is actually shrinking."

  • an_engel_on_earth [he/him, they/them]
    hexagon
    ·
    3 years ago

    I agree that its never been better to strike out on yr own as an indie artist, but "all the money was monopolized by a few dozen high-profile acts" is stil true in the streaming era. See: https://www.leeds.ac.uk/news-arts-culture/news/article/4926/music-streaming-dominated-by-top-artists, quote: "Just 1% of artists account for up to 80% of streamed tracks, according to new research."

    • cawsby [he/him]
      ·
      3 years ago

      Youtube Music will actively search for a bootleg video to avoid paying the artist even if you are a subscriber.

      That is how scummy things are.

      • spectre [he/him]
        ·
        3 years ago

        .... I believe the artist still gets paid for a bootleg video

      • Pseudoplatanus22 [he/him]
        ·
        3 years ago

        Bootleg uploads get copyright striked, so the money goes to the rights-holders either way. This is how YT has avoided a major lawsuit until now, but the major labels are still pissed off with them because if they earned as much money per-user as they do from Spotify premium, they would be raking in billions. As a result, labels have been forcing YT to take down certain artists catalogues and piddle with its copyright bots to make them as unfair as possible. YT made YT Music as a way of placating the labels, but it might still not be enough in the long run. If it's not, YT would have to buy a license for every single song on the platform... Which they're not going to do, because it would probably bankrupt Google. The only logical step in that scenario would be to remove music from YT altogether.