The End of the Music Business

 

 

 

 

 

  "No one outside of the inner corporate circles really knows how the economics of the streaming world works. It pays, but what does it pay, and to whom? Reasonably high-profile artists in many genres have not been shy about posting their meager Spotify royalty checks to social media. Many of those artists then encourage listeners to buy their music on Bandcamp as a moral choice. That’s when you know the old model is truly dead: “Buy my music as a moral choice.” The music business as we knew it lasted about a century, from 1903 to 2003."

 READ ARTICLE BY ETHAN IVERSON