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Showing posts from November, 2019

Streaming Sites vs Record Labels - Facts and Figures

Music Business Worldwide Article: Should Spotify pay songwriters and publishers the same amount as it pays artists and record labels?   (published on June 25th 2019) Digital Music News: What Streaming Music Services Pay (Updated for 2019) Digital Music News: What  Streaming Music Services Pay (Updated for 2018) In 2019, Pandora had the highest per-play royalty rate.  Artists are paid $0.01682 per play. An artist would need around 87,515 plays to earn the US minimum wage of $1,472. That equals £0.013 per play and 117,271 plays to earn the UK minimum wage of £1,524.52 (July 2019) YouTube had the worse per-stream payouts. Artists are payed $0.00074 per stream, and would need 1,989,189 plays to earn $1,472. Equalling a payout of £0.00086 per play and the need for 1,772,698 streams to earn the July 2019 UK minimum wage. Econsultancy: The impact of technology and social media on the music industry.

Third Draft Of Interview Questions

Interview Questions  Questions for Band Manager ·          Could you describe your role within the music industry and in terms of artist development? ·          What role might a band manager play in advising bands around record label issues? ·          How useful is social media promotion for artists? Can this be completed by the artists themselves or do they benefit more from a third party helping with this? ·          What do you aim to achieve for artists, in regard to distribution and promotion? ·          How vital do you believe a record label is for an artist? Does this change over the course of their career? ·          How has the significance of streaming sites for artists changed during recent years? ·          If any, what are the main questions you receive from artists looking to sign to a label? ·          Do you believe record labels will continue to exist in 10 years? Questions for Record Label ·          Could you describe your

CNBC Article - Summary of Facts and Figures

Link To Page (the article was written on 26th January 2018, and so the information is relevant to the time period surrounding its production) Spotify pays approx. $0.006 to $0.0084 per stream to the holder of music rights, which can be split between the record label, producers, artists and songwriters.  This equates to around £0.0047 to £0.0065. 1 million plays on Spotify translates to around $7,000, and one million plays on Pandora generates $1,650. Spotify is still losing money, despite growing 40% a year. Record labels can take as much as 70% of royalties. When Spotify was in it's early days, it sought investments from the big record labels, but have now effectively replaced labels.

Effective Time Management

Threats  lack of objectives lack of clarity about the tasks disorganisation unforeseen crises or commitments perfectionism performance-debilitating circumstances procrastination Effective  having clear objectives classify tasks use a timetable focus on one thing review each activity before you leave it reward yourself