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by tortarga
2059 days ago
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Music streaming solved this problem by remembering they were combating piracy not each other. Each music service has all the music and they all pay royalties. TV streaming services have come full circle and are repeating the same cable tv mistakes that caused piracy to flourish in the first place. |
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[1] random source: https://www.businessinsider.com/how-do-musicians-make-money-...
> According to a recent Citigroup report, the music industry generated a record $43 billion in 2017, but recording artists saw just 12% of that revenue, or $5.1 billion, and the "bulk" of their revenues came from touring.