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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Most don’t make much. Your big name and pop it types can, but the days of becoming a millionaire as a one hit radio wonder are long gone.
The 2 sides of the coin- Artists can now easily get their music out there, even if they don’t have a label, contract or whatever. The garage band, or bedroom pop singer can be heard anywhere in the world now, and that used to be impossible. As fans, we can listen to literally almost anything we choose instantly.
The flip side for the artist is the music isn’t worth as much as it was when even big towns had maybe 2-3 radio stations per age group/music type that so much of the population listened to. That marketing time was super valuable then (not now), and if you could get into rotation on the radio, there was big money to be made. And because the fans loved your stuff, the only way for them to hear it on their own terms was to spend 15 or 20 bucks to buy your album. Easy money if you could be one of the very few people who had access to people on a large scale.
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