Comment Re:Good. Now copyright terms (Score 1) 90
There is more than one study and more than one way to look at it. Especially for streaming, having a catalog matters, especially for the smaller artists who will never have a charts-level hit:
"In 2024, nearly 1,500 artists generated over $1 million in royalties from Spotify aloneâ"likely translating to over $4 million across all recorded revenue sources. What's remarkable is that 80% of these million-dollar earners didn't have a single song reach the Spotify Global Daily Top 50 chart. This reveals a fundamental shift from hit-driven success to sustainable catalog-based income, where consistent engagement from devoted audiences matters more than viral moments or radio dominance."
https://cord-cutters.gadgethac...
Also don't forget that many studies such as DiCola's "Money from Music" focus on the superstars and the big hits. That is true, the charts pop music generates 80% or so of its income within the few weeks it stays in the charts and then drops of sharply.
Honestly, I don't care about the charts and superstars. They wouldn't starve if we cut copyright terms to six weeks. I do care about the indie artists that I enjoy. Who after ten years get the band back together for another tour through clubs with 200 or 500 people capacity. I'm fairly sure they would suffer if the revenue from those albums disappeared. And disappear it would. Maybe fans would still buy the CDs from the merch booth, but Spotify would certainly not pay them if it didn't have to.