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by plumthreads
616 days ago
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I recently read Cory Doctorow's "Chokepoint Capitalism" and William Deresiewicz's "The Death of the Artist" which both decry the sentiment that somehow Big Tech has been a boon for artists. The reality is that anti-competitive practices in these companies has made them more of an extractive monopoly rather than a market to connect artists and art "consumers." To your point on revenue sharing, both Youtube and Spotify have laughable revenue shares to the point that even well known musicians have to tour nonstop to make ends meet. At what point does "exposure" benefit the artist more than it benefits the platform for having free art? |
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I am sympathetic to the idea that the revenue share isn't great, and I also agree that there are anti-competitive practices, and the market would do well with more competition. But i do think its the wrong starting point to believe views or listens on these platforms should be enough to sustain a creative career for most artists.
As you alluded too, even amongst the most well known musicians they make a lot of their income from touring, my perspective here is that these platforms when well used give you exposure, then with a linktree / beacons link an artist can develop a relationship with some of their audience that provides further opportunities to fund themselves.
Its a great question to ask when the "exposure" benefits the artists more, and when it benefits the platform more, i'd personally love to see some quantitative analysis of that. My suspicion is for most small artists with audience sizes of less than 100k people (in the west, the calculus is probably different in the rest of the world) the benefit to the artist is really great. For someone like Taylor swift it benefits the platform more, but at that point she can negotiate directly