Streaming for Pieces of Percentages of Pennies

In an article for Pitchfork, musician and songwriter Damon Krukowski of Galaxie 500 and Damon & Naomi talks about the business model behind streaming services including Pandora and Spotify. And its not a pretty picture.

To put this into perspective: Since we own our own recordings, by my calculation it would take songwriting royalties for roughly 312,000 plays on Pandora to earn us the profit of one-- one-- LP sale.

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In an article for Pitchfork, musician and songwriter Damon Krukowski of Galaxie 500 and Damon & Naomi talks about the business model behind streaming services including Pandora and Spotify. And its not a pretty picture.

To put this into perspective: Since we own our own recordings, by my calculation it would take songwriting royalties for roughly 312,000 plays on Pandora to earn us the profit of one-- one-- LP sale. (On Spotify, one LP is equivalent to 47,680 plays.)

Michael Lavorgna

Nov 21 2012