So artist are making money off of Pandora :leon:

[CrimsonTider]

It appears that streaming music may actually be great for artists, despite what the record labels may believe. Pandora CEO Tim Westergren noted today that it pays some of the top artists in the world over $1 million per year in royalties, with Lil Wayne and Drake topping the list at $3 million per year.

Says the exec: “For over two thousand artists Pandora will pay over $10,000 dollars each over the next 12 months (including one of my favorites, the late jazz pianist Oscar Peterson), and for more than 800 we’ll pay over $50,000, more than the income of the average American household. For top earners like Coldplay, Adele, Wiz Khalifa, Jason Aldean and others Pandora is already paying over $1 million each.”

Some smaller, upcoming acts, like Drake friend French Montana will make $138,567 this year, despite being the 17,000th best-selling artist on established platforms like Amazon, says Westergren.
“These are all working artists who live well outside the mainstream–no steady rotation on broadcast radio, no high profile opening slots on major tours, no front page placement in online retail,” the CEO concludes.

Pandora: Pandora and Artist Payments

I didn't know this.

 

[Sohh_lifted]

you think they can play all that music on almost every smartphone or computer without paying??? be forreal yo.....im glad...hopefully some older acts can make some money off of that....smh at listening to french montana radio

 

[The_King_of_Everything]

Wow pretty interesting.

 

[L&HH]

ppl are loafing on this thread big time. I just read this article yesterday and was gonna make a thread but I used the search function to see if one was already made (like alot of y'all nikkas need to do ).

Why is this thread not plat? Y'all nikkas always wanna be in artists pockets, wanting to know how much they make. This shyt is saying nikkas like French Montanan are making 100k+ a yr through royalties from pandora alone. Imagine when you add shyt like spotify (which btw is used that shyt to dj a party over the weekend and it saved my ass).

 

[2Quik4UHoes]

fukk the labels, internet bout to have the artist cut out the middle man.

 

[Broccoli Rob]

Smaller acts like Drake?

 

[I.AM.PIFF]

Smaller acts like Drake?

They're talking about French Montana.

 

[Danie84]

Pandora is the gift that keeps giving in more ways than one

 

[SHAQAVELLI]

Frenchie doesn't even have an album out

He's making that $140k off Choppa Down, Shot Caller and Pop That... dude gonna be up there when his album is out.

 

[Broccoli Rob]

They're talking about French Montana.

Oh, It said Drake friend.

 

[Don Dada F Poppa]

Didn't know this at all, props

 

[CrimsonTider]

Pandora should help a lot of older artist out too.

 

[L&HH]

Frenchie doesn't even have an album out

He's making that $140k off Choppa Down, Shot Caller and Pop That... dude gonna be up there when his album is out.

Yea breh this shyt is crazy. Although it seems Pandora is exposing this info so they can cut down on the royalty payments (apparently they aint making no money)

 

[Long Live The Kane]

Those are the advantages of making a hit record...digital single sales and streaming media revenue help make up for plummeting album sales...I'd venture to guess almost all of that loot to french comes from pop that and shot caller

 

[L&HH]

Those are the advantages of making a hit record...digital single sales and streaming media revenue help make up for plummeting album sales...I'd venture to guess almost all of that loot to french comes from pop that and shot caller

yea it seems that the very thing that people claim caused the decline in album sales (digital age) is creating new revenue streams to make up for that. I actually prefer using shyt like pandora and spotify than actually downloading shyt anyways, saves room on my harddrive and if the shyt is trash I can listen to it and not waste time downloading just to delete it anyways.

Ive been saying the music industries initial war against digital music (illegal dl'ing w/ napster) was the worst way to go about the situation. I can honestly foresee the day when certain artists dont even release physical copies of albums anymore (imagine how much they'd save/make if they cut the cost back on printing/packing/shipping the physical product.)