Royalty payments from streaming music web services Pandora and Spotify are still too small to help reverse the overall decline in revenue in the music industry observed over the past decade, artists and label reps explain in a New York Times story published Monday. Pandora and Spotify provide relatively small payouts, or micropayments, to labels and independent artists for every distinct play of a particular song — reportedly between 0.5 and 0.7 cents ($5,000 to $8,000 per million plays) in the case of Spotify’s paid user tier.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=166057