@redlenses03
The number of musicians who have decried streaming services is lengthy, including Prince, Jay-Z, Garth Brooks, Taylor Swift, Joni Mitchell, Thom Yorke, etc. Taylor Swift - somehow - was able to reach a new deal after her protest, which is a sure fire sign of corruption and favoritism shown by those corporations.
For clarification:
- Qobuz's Payout Rate: Qobuz, a music streaming service, has made headlines as the first to publicly disclose its average per-stream royalty rate. For the fiscal year ending March 31, 2024, Qobuz distributed an average of $0.018732 per stream in royalties to labels and publishers. This translates to $18.73 for every 1,000 streams.
This from Qobuz:
Qobuz reveals that they pay a relatively high per-stream royalty rate compared to other platforms according to What Hi-Fi
None of the streaming services provide a real number on how many times an artist is streamed per month. In essence, there is no way for any artist (outside a powerful one like Taylor Swift) to know what kind of royalties other artists are receiving from the streaming giants. How is an artist supposed to know the "going rate" when such numbers are not provided? The only way would to be to ask other artists to provide them with sensitive data on income.
For smaller artists, even if they have obtained such sensitive income data in which to utilize in negotiations, they would still lack the leverage to get the streamers to the the bargaining table. The only way for artists to gain a larger share of their own revenues is to be as big - likely bigger - than the giant streaming services themselves.