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by skip 09/27/2015, 9:24pm PDT |
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Because Spotify is the enemy of course.
"I've never heard a songwriter complain about radio royalties as much as streaming royalties," Kadish said. "That was the real issue for us, like 1 million streams equals $90. For a song like 'All About That Bass,' that I wrote, which had 178 million streams. I mean $5,679? That's my share. That's as big a song as a songwriter can have in their career and No. 1 in 78 countries. But you're making $5,600. How do you feed your family?"
By getting a job that pays better? Or a wife that earns more than you? Or negotiating a better contract with your label? By being Max Martin or Dr.Luke? But of course instead of doing any of that you want the government to fund your outdated model. Spotify and Pandora have razor thin to no profit margins because they pay out so much in royalties. How do you intend to fix this?
“One of our challenges is, have they figured out how to be profitable delivering this service? Or is the consumer getting a value that ultimately the consumer maybe shouldn’t get?”
His suggestion that music listeners should pay more got a rare nod of approval from many at the table.
Nobody's forgotten where The Pirate Bay is. Jack up the price at your peril. |
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