The issue here that makes artists think that it is not profitable, is the same argument anytime a business model shifts.
They take a look at what they were making, before when they could sell an album, or even a single. And they multiply that based on how much interest their songs get in the new model and they figure that they are being screwed out of the difference.
But this is just a fantasy. If we went back to the old model (Which would never happen), only a fraction of the people who could afford a Spotify subscription would go out and buy all the same music that they listen to in a year. Sales for the entire industry would likely go down. For example, I happily pay for Spotify which means I pay $120/year on music. Before Spotify, I maybe, bought one album a year, and the odd single from iTunes Music. That is a huge increase in my music spending.
TLDR; individual artists pine for the “good old days” which were neither good nor old, the industry makes more money now then it did before, and people as always wish they had a bigger piece of the pie, deservedly or not.
Latest Answers