king gizzard & the lizard wizard bandcamp

It’s 15% on digital, 10% on physical, and in that way our success is tied to the success of the artist. “Bandcamp’s model is based on a revenue share. While Spotify puts the listeners first, Bandcamp succeeds because it puts the artists first. (4)Ī platform centered around artists and their albums Without a label deal or contacts with influential playlist makers, an indie band is left to the mercy of AI algorithms for their tracks to be discovered by listeners in the vast, obscure universe of digital music. “Shelf space” within Spotify’s browsing catalog is sold to the highest bidder, namely the large labels and their artists. It gets worse if we think of independent artists.

Most of them claim that large streaming platforms keep most of the revenue, leaving thin royalty commissions to songwriters. (3) Are artists happy with Spotify at least? Hell no. Its long waited direct-listing IPO did not achieve full share subscription and its share price has continued to drop since. Hello Spotify.ĭespite making music more accessible to listeners, Spotify’s business model and has been heavily questioned by the market. Roughly two decades ago, Napster opened a pandora box that lead to the digitalization of the music industry and ultimately to the dominance streaming as the main music reproduction format. Long gone are the days of vinyl records, cassette players and CDs. Video killed the radio star, then digital killed MTV

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King gizzard & the lizard wizard bandcamp