With SoundCloud, Apple Music, YouTube Music, and Spotify there’s more ways for an artist to reach an audience than ever. We as listeners have access to unimaginably large musical libraries. The cost of that infinite variety is intentional listening. Artists aren’t as directly supported by album sales now, and they only get paid a fraction of the streaming revenue.
With that being said, music has benefited expeditiously from the instant access available to us at anywhere, anytime. Music became available so readily through the introduction of music streaming. There’s more musicians out getting popular and changing music forever than before. We can listen in public, in the car, and even in a plane. Spotify, the world’s largest music streaming platform currently, was invented in 2006 by two Swedish men, and is only recently the standard for music streaming. The current subscription model is free with ads, 10.99 for Spotify premium, and student discounts up to 50% off. What makes the streaming age unique is the freedom of customization and promotion. For the hundreds of millions of unique monthly listeners, there’s thousands of playlists tied to keywords such as gym, party, or relaxed. You can find any music, for any vibe.
A draw back of Apple Music for me is its inability to travel across platforms, a problem Spotify doesn’t have. It doesn’t work on my Xbox or laptop. But I love that Dolby Amos what can I say.
My favorite music tends to be RnB or Rock, and these are my three favorite songs right now.
Out of Time by The Weeknd came out in 2023. The Weeknd is under Republic Records, who is owned by Universal Music Group. The Weeknd also runs a separate label called XO. He makes anywhere from .0004-.0005$ per stream according to his contract on Spotify. all of his songs release under the XO and Republic Records label.
My second favorite song right now is an oldie, Dreams. The label and owner is Warner Bros. Stevie Nicks currently makes .001-.0015 a stream on Apple Music.
No Idea by Don Tolliver released in 2019, under Cactus Jack, the label ran by controversial megastar Travis Scott. They’re one of few independent labels under UMG. He’s making .0005-.0007 on each stream according to YouTube Music.
https://insights.daffodilsw.com/blog/how-spotify-works-business-model-and-revenue-streams
Click to access Global_Music_Report_2023_State_of_the_Industry.pdf
The Peanut Gallery 
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