Future music monetization remains a mystery
Darius Fong – Where will the big money be in the music industry in the future? The topic of royalty payouts from streaming services comes up every year. The arguments remain the same, yet no progress has been made.
Industry leaders continue to focus on streaming royalties as the only future of artists’ revenue. As of yet, the fate of music monetization remains undecided. Some argue the goal is — and always will be — to simply get artists’ music in the ears of consumers. Others seek to continue getting consumers to pay for music. Still, it’s unlikely that subscription models will be the only answer to how music creators, both signed and independent, get compensated for their art in a sustainable way.
Continue reading… “Will big data change the music industry?”
