How much more money can you make off of streaming music by skipping a major label? A new research report attempts to answer that question.
“Perhaps the number one question we get from artists is the following: ‘what do streaming services actually pay?’ At first, we had no idea, and none of the streaming services would tell us.
Then, we started asking artists to send us their streaming statements. Since that point, we’ve gone through scores of streaming statements and millions of streams, trying to answer that question. Most of the time, the statements were provided confidentially by the artists or labels themselves, and never from streaming services or major labels.”