Labels goes to almost 3 times greater share of profits from streaming music than musicians

French organization Syndicat national de l'édition phonographique (SNEP, the National Syndicate of Sound recordings) in conjunction with the British Ernst & Young conducted a statistical исследование in order to determine the distribution of revenue from subscriptions strimingovyh music services such as Spotify and Deezer. As a result, it became clear that the lion's share of the income produced music labels (46%), leaving about 17% of the artists after all deductions (taxes and share strimingovyh service).

In absolute terms, the distribution of money is as follows: the subscription price - € 9.99, a music label with a single user Spotify gets € 4.56, while the share of the musicians have to € 0.68. The authors of the texts, music and editors receive another € 1. Value added tax (TVA) is € 1.67, the rest - goes to the platform. Graphically, it looks like this:





The percentage of excluding taxes and commissions platform difference is even more striking:



This is not the first time found that publishers are extracted from the copyright system is much more income than the authors themselves. In 2012, after the verdict of the trial of the creators PirateBay lawyers of the International Federation of the Phonographic Industry (IFPI) said , they are not going to share with the authors of indemnification, and the money will be used to further the fight against piracy. In this case, the amount in dispute was justified just because of prejudice to specific artists. Founder Peter Sunde PirateBay spoke directly: & quot; They [labels] will buy with the money to * Ain something to share with authors who "protect i>».

Source: geektimes.ru/post/245482/

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