James Taylor has weighted in on the streaming revenue discussion and he says artists deserve half on the income.
This past weekend, Taylor Swift wrote an open letter to Apple telling them why she won’t let her latest album, 1989, to be streamed on their upcoming service. She stated that, during the free three months when they start up, artists would not be paid and, while she could afford it, she didn’t feel it was fair to young and up-and-coming musicians.
Apple quickly relented and will now pay artists during the free preview.
Veteran artists James Taylor has also spoken out about streaming, saying that he has no problem with the industry but thinks that artists deserve 50% of the income:
If someone’s going to be making money off of my recorded music, I think that I should be getting half of that money that they’re making because I’m the one who generated the product. What I’d like to see about Spotify is how much money is the company making relative to what the artist is making? For every dollar they take in, they should be giving 50 cents to the people who actually recorded the music.
Taylor also talked with the AP about the business in general:
It’s easier to make an album, harder to figure out how to get people to notice it. … Recording on pro-tools on computers, that’s made it a lot more accessible; so people are making a lot of music and higher and higher quality. I can’t say the same thing for how people are listening to music. People are hearing music through terrible speakers, little computer speakers, there’s a lot to get back to in terms of hi-fi and people listening to better quality, technically better quality music. People are definitely making progress: Neil Young’s got the Pono player.
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