You are on page 1of 8

REASONS

WHY
STREAMING
PLATEFORMS
ARE QUICKLY
DESTROYING
THE MUSIC
INDUSTRY
By Westley Loiselle
Music Streaming platforms have been dominating the scene for more
than a decade and artists have varied opinions about it.

Different Concepts;

INTRODUCT 1. History

ION 2. Popularity

3. Reasons why the platforms are bad

4. Other reasons why the platforms are bad

5. Modern solutions

2 T I T R E D E L A P R É S E N T AT I O N 20XX
Cliquez ici pour ajouter une photo

1.
HISTORY
-For Independant artists to share
music WITHOUT a Label deal
- Late 90’s
- My Space, My.mp3.com,
Pandora
- First form of music curration
based on genres, likes and
dislikes (Pandora circa 2005)
- Ripping off physical work by
engraving and sharing it
online
2. POPULARITY

- Accessibility : NOW, WHEREVER,


HOWEVER
- The space it takes up
- The effort it takes
- Lower prices for the consumer
(9,99$/month for an infinite amount of music)
Or 269,99$ for 27 albums ?->

- Easier for mass consumption

4 T I T R E D E L A P R É S E N T AT I O N 20XX
THE PLATFORMS
ARE BAD
- A R T I S T S H AV E M O R E
VISIBILITY BUT ARE

1. THE MONEY
N O T PA I D
A C C O R D I N G LY T O
T H E I R A RT
-

ASPECT
If the prices are lower =
pay for artists is lower

- With streaming platforms


Music basically becomes
FREE

5 20XX
REASONS WHY STREAMING PLATFORMS ARE
BAD FOR THE MUSIC INDUSTRY
2 . TH EY D EVA LU AT E
A RT
Before:
3 . C A P I TA L I S M
Because streaming platforms are now 
- Physical albums (cds, vinyl, cassettes) mainstream;
would be an artistic process that would
be sold as a whole Basic use is now unrelevant,
indepedant artists are now drowned by
Now:
the popular ones,
- Purely economic, no physical form, no
process for the artist except creation of Class division between artists
digital content

- Music is no longer art, it is profit.

- Erases the Art part of it, Music is now


listened to everywhere.

6 T I T R E D E L A P R É S E N T AT I O N 20XX
STATISTICS

IN 2022, SPOTIFY GOT 182 000 000 PREMIUM


SUBSCRIBERS
P ERS O N N A L A N A LY T I CS
182 000 000 x +/- 9,99$ = 1 818 180 000$ per A World To Forget
month x 12 = 21 818 160 000$ per year
- All time streams: 6 593 x 0,007$ = 46$

- If they were albums sales; 6593 x 9,99$ =


For an Artist to earn 15$/hour a month (28 65 864, 07$...
000$ yearly an artist needs 700 000 streams per
- To the Moon/Alone
month (unrealistic posting schedules)
Production cost: 5000$ total
- If Spotify paid all of their 8 000 000 artists
the minimum yearly wage, the would still have Total streams: 7500 x 0,007$ = 52,5$
half of their networth at the end of the year. - If they were album sales: 7500 x 9,99 =74
925$ - 5000$ = 69 925$ profit

7 T I T R E D E L A P R É S E N T AT I O N 20XX
SOLUTIONS:
- Bandcamp

- Physical sales (vinyls, cds)

- Paid downloads (Tidal, Itunes, Pandora)

8 T I T R E D E L A P R É S E N T AT I O N 20XX

You might also like