How do artists make so much money when today there are so many streaming services and we pay a very small amount to have access to a huge amount of songs?

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How do artists make so much money when today there are so many streaming services and we pay a very small amount to have access to a huge amount of songs?

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One of the major problems of the music business nowadays maybe, most of them simply don’t. No space for artists to grow

The streaming services pay a fraction of a penny per stream. If you get millions of streams, you earn thousands of dollars. If you get thousands of streams, you get a couple bucks.

The top few acts that get *billions* of streams make lots of money. Everyone else makes less, down to “almost nothing” for the majority of artists. Money comes from touring and merchandise sales.

For most musical artists, streaming does little for their pocket. Tours are what pay the bills.

Even before streaming most of the money from album sales went to the recording studio/company. Money for artists was a little better than streaming but not much. Artists have always made the bulk of their money from performing, ticket sales and merchandise.

They dont.

No one pays for anything (movies, music, etc) anymore. Musicians must work harder. Playing live gigs, contract work for music to be included in commercial projects (like music in a video game), getting their songs into advertising, whatever it takes to make a buck.

The days of an artist releasing an album and receiving royalty cheques from album sales forever are long gone.

When did you last buy an album?