This funny (and sad) video goes after unfair streaming payments
We’ve all heard about how artists feel they aren’t being properly compensated by the streaming music platforms. Songwriters also aren’t happy because they’re the last to get paid behind the artist and the label. (This assumes that the artist doesn’t write their own music.)
If Spotify pays out an average of US$0.035 per stream, only 25% of that goes to songwriting. And the songwriter has a 50-50 deal with a publisher (as is often the case), that person gets 12.5% of US$0.035. That equals US$0.004375. This, by the way, is not the call of the streamer. It’s set by the labels and copyright agency.
Just over four-one thousandths of a cent. Wow.
This video (via Variety) wants to bring attention to the problem.
