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There’s Big Money in Music Streaming, But Not for Many Artists

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 (iStock)

Recording artists protested outside Spotify offices around the world last month as part of an ongoing movement to demand better pay. The streaming site’s payout rates have been decreasing over time, with artists today making approximately .0038 cents per stream. The Union of Musicians and Allied Workers (UMAW) wants the Swedish streaming company to pay one cent per stream. We break down how artists can make money today using online platforms and hear from some artists about why they say it’s not a living wage.

Guests:

Josh Kim, COO, Bandcamp

Cody Fitzgerald, cofounder, Union of Musicians and Allied Workers

Josephine Shetty, cofounder, Union of Musicians and Allied Workers; musician; middle school music teacher, LAUSD

Nastia Voynovskaya, associate editor, KQED Arts <br />

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