![]() Let’s assume that an album racks up 1,000,000 stream on streaming platforms. Since CD sales and downloads are negligible nowadays, let’s focus on streams for now. In the past, this primarily happened through CDs and downloads, but has shifted to streams for the most part since the emergence of Spotify, Apple Music, Tidal and others. Often, the artist will assign the master rights of their songs to the label and the label is responsible for duplicating, distributing and marketing these recordings. Music salesĪ label’s primary job is to exploit the music of the artists they sign. Music labels usually make money with the master recording by exploiting it for consumption by the general public, and by licensing the usage of the master recording for use in commercial projects. Generally speaking, every song has two parts that can be monetized. How do they do that? Let's break it down by going back to the basics. Their effect on the music business is also tied to their ability to make money. Music labels are also significant stakeholders, which directly influence how the industry functions. In the other articles, we discussed how songwriters, publishers, and singers/bands earn a living. ![]() This is it - the final article in our series about how different stakeholders in the music industry make money.
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