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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.

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.

BBC Radio 1 Documentary

How To Survive The Music Industry: The Transgressive Story Documentary Description:   Band mental health, album hangman, pets on Instagram… behind-the-scenes of modern music. An access-all-areas six months with the indie label behind Foals and Two Door Cinema Club. This documentary may be useful to gather some information on labels and how their artists interact with the people that manage them. (Accessed 25/10/19)

Useful Research Websites

Here are some websites that could be useful to extract information from for my dissertation: Claremont Colleges Thesis: The Rise and Fall of Record Labels  - I believe this thesis to be fairly reliable as each source is cited in footnotes at the end of each page. This means a large amount of research has been completed in order to produce the document, and individual assessment of each source's reliability will most likely have been completed during this process. The Guardian: When Artists are Held Hostage by Record Labels The Guardian: What do Record Labels Actually do? - These two articles may have to be approached with a degree of scepticism as the newspaper adopts a tabloid format. These sources are also opinion articles, and are written from the viewpoint of the journalist, rather than providing a wide-range of facts from an un-biased point of view. There are no sources cited in the document, only hyperlinks to other articles on The Guardian's website. There is also...