11-03-2024 19:02 via hollywoodreporter.com

Proposed Law To Increase Streaming Royalty To A Penny A Stream

Streaming has grown to represent 84 percent of recorded music industry revenue, but that Spotify, the leading music streaming platform, only pays an average per-stream royalty of $0.003, meaning an artist must reach 800,000 monthly streams to equal a full-time $15/hour job. – The Hollywood Reporter
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