Industry News
Music Streaming Sites: Who's Making Huge Profits?
(Los Angeles, CA) Many Internet music sites are making huge profits by paying musicians and music artists virtually nothing, for what is termed "music streaming." Paying subscribers at these sites are encouraged to listen "free" to all the songs they wish to stream.
Musicians and music artists are toiling their lives away, devoting precious time to create music, only to have it used by these giant music sites, who would have the public believe these musicians and artists are being paid. In reality, Rhapsody and Napster pay for music streaming at about a penny per song, yet both sites continue to charge the public their site's full price for each song streamed, by offering this free music as part of their monthly paid subscriptions.
Imagine working half of a lifetime for virtually nothing. Thousands of musicians and thousands of music artists are victims who may be unaware of unfair practices dominated by greedy music streaming sites.
This press release had to be written to inform the music streaming public, who should strongly object to how music streaming funds are distributed. It is about time musicians and artists begin to receive their fair share of the monies collected, even though by paying a fair share, the music streaming sites stand to lose some of their ill-gained huge profits.
Why hasn't the music industry, including music publishers, and others, especially record labels, taken steps to become involved in stopping this music streaming fiasco?
It is an outrage that some years ago, the group, Metallica, had to take action in their own behalf against Napster to prevent them from giving the band's and other artist's music away for free. Is this a case of, 'here we go again?'
Speaking for thousands of music artists, musicians and songwriters, action concerning music streaming should be taken immediately by those responsible for distribution of music streaming funds. ~Jan Davis Guitar
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Musicians and music artists are toiling their lives away, devoting precious time to create music, only to have it used by these giant music sites, who would have the public believe these musicians and artists are being paid. In reality, Rhapsody and Napster pay for music streaming at about a penny per song, yet both sites continue to charge the public their site's full price for each song streamed, by offering this free music as part of their monthly paid subscriptions.
Imagine working half of a lifetime for virtually nothing. Thousands of musicians and thousands of music artists are victims who may be unaware of unfair practices dominated by greedy music streaming sites.
This press release had to be written to inform the music streaming public, who should strongly object to how music streaming funds are distributed. It is about time musicians and artists begin to receive their fair share of the monies collected, even though by paying a fair share, the music streaming sites stand to lose some of their ill-gained huge profits.
Why hasn't the music industry, including music publishers, and others, especially record labels, taken steps to become involved in stopping this music streaming fiasco?
It is an outrage that some years ago, the group, Metallica, had to take action in their own behalf against Napster to prevent them from giving the band's and other artist's music away for free. Is this a case of, 'here we go again?'
Speaking for thousands of music artists, musicians and songwriters, action concerning music streaming should be taken immediately by those responsible for distribution of music streaming funds. ~Jan Davis Guitar
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