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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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.
For most musical artists, streaming does little for their pocket. Tours are what pay the bills.
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.
One of the major problems of the music business nowadays maybe, most of them simply don’t. No space for artists to grow
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