Thanks to the internet , there are now more ways than ever to get music . But this has n’t allowed little artists to get a braggart share of the financial pie . In fact , the top 1 percent of artists now collect 77 percent of all revenue from recorded euphony .
TheAtlantichas a new narrative out about the commonwealth of the register music business . And it does n’t expect great for smaller bands .
Because the most - popular birdcall now stay on the charts for months , the comparative economic value of a hit has exploded . The top 1 pct of bands and solo creative person now earn 77 percent of all revenue from memorialize medicine , medium research worker report . And even though the amount of digital music sold has surged , the 10 best - selling tracks command 82 percent more of the securities industry than they did a decade ago . The advent of do - it - yourself artist in the digital age may have grown euphony ’s long shadow , but its fat fountainhead proceed get fat .
The result ? Radio is becoming more and more homogenised . Even pop indie bands like Grizzly Bear arestruggling to pay their bills .
The potency of bands and artists at the top is squeeze smaller acts who used to be capable to count on breakout hit sold on glossy credit card discs and promoted on wireless . Somehow , the entire diligence has become even more conservative , with money and airtime only allocate to secure bet .
Again , from the Atlantic :
Radio station , meanwhile , are pushing the boundaries of repetitiousness to unexampled levels . According to a underling of iHeartMedia , Top 40 stations last yr play the 10 biggest songs almost twice as much as they did a decade ago . Robin Thicke ’s “ Blurred Lines , ” the most play Sung of 2013 , aired 70 percent more than the most play Song dynasty from 2003 , “ When I ’m Gone , ” by 3 door Down . Even the fifth - most - play song of 2013 , “ Ho Hey , ” by the Lumineers , was on the radio 30 percent more than any song from 10 yr prior .
This means that artists likeTaylor Swift can pull their catalogfrom pop cyclosis services like Spotify and see utterly no disconfirming repercussions . Their medicine is already everywhere . So they do n’t need that tax revenue from swarm .
https://gizmodo.com/what-taylor-swift-doesnt-mean-for-spotify-1658457060
Read more about the lopsided nature of the intact recorded medicine industry over at theAtlantic .
Image : Taylor Swift at the iHeartRadio Music Festival via Getty
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