Thursday, October 17, 2013

David Byrne Slams Music-Streaming Services As Financial 'Disaster' For Today's Artists

The inevitable result would seem to be that the Internet will suck the creative content out of the whole world until nothing is left. ... For a band of four people that makes a 15% royalty from Spotify streams, it would take 236,549,020 streams for each person to earn a minimum wage of $15,080 (£9,435) a year. - David Byrne

via Streaming-TV David Byrne Slams Music-Streaming Services As Financial 'Disaster' For Today's Artists http://www.businessinsider.com/david-byrne-slams-music-streaming-services-as-financial-disaster-2013-10#ixzz2i0CyRvJ5

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