by paul
The music industry: it's scary all year round! And with that, here are 13 extremely scary things about our modern-day, post-apocalyptic biz...
So if you need radio play, a chart position, or broad-scale distribution, just give one of them a call.
That goes for the richest, like Google Play and Spotify, all the way down to the deceased, like Imeem. Because if you need a license for your startup, the memo is clear: be prepared to pay millions upfront and offer sizable ownership shares, all without the guarantee that every signed artist will participate (just ask Spotify).
And, those terms are renewable every few years.
...according to estimates from TuneSat.
...and 95% from iTunes, Spotify and Amazon MP3, according to stats from AIM.
...according to Nielsen Soundscan.
...according to Live Nation.
...and both are trying to get out of those payments entirely, or legislate them downward.
Here are the calculations.
...and probably more, according to Kim Dotcom.
...just ask TuneCore.
Like, just last week.
Though of course, she eventually handed out treats for everyone.
Trick or treat!
