Doom-punk band Witch Fever say they are struggling financially despite supporting a band around Europe and the UK, and are unable to get jobs due to further touring commitments
yes, supposedly. Inherently they‘re concept is publishing,
but the margins on streaming revenue are slim to none so touring is in fact a viable way of creating income.
and big labels operate on the same principle as any commercial company, money. it is not art or fame or glory, it is money.
If you like there is a recent video from Benn Jordan on YT analyzing revenue streams from streaming companies. fucked up
Isn’t the point of a label to organize getting money to you from people listening to your music?
yes, supposedly. Inherently they‘re concept is publishing, but the margins on streaming revenue are slim to none so touring is in fact a viable way of creating income. and big labels operate on the same principle as any commercial company, money. it is not art or fame or glory, it is money.
If you like there is a recent video from Benn Jordan on YT analyzing revenue streams from streaming companies. fucked up
Yeah, I’m aware of this.
Didn’t Spotify just move to a system where they will pay anything at all only to 12% of their artists?
They sure did. F**kers.