Pandora has been doing it's best to push legislation that would basically lower it's obligation to paying artists digital music royalty fees, and one of it's latest attempts has been press releases by it's own CEO Tim Westergen whom argued in his own words...
"There are a couple artists making over $2 million on Pandora," TechCrunch quotes Westergren as saying. "Some artists making over $100,000 a year." Those are pretty straightforward comments. Artists do indeed make money from streams on Pandora.
To add weight to his argument he cited in a blog how artists such as Donnie McClurkin and French Montana will generate performance royalties from Pandora of $100,228, $138,567 respectively.
Unfortunatly according to this revealing editoral by the kind folks over at BILLBOARD magazine...that is not the case at all.
Westergen doesn't address the payout "split" that occurs based on the owner of the composition in this case the recording company recieving the 50% bulk of the payout, while the artist gets 45% with the remaining 5% going to backup artists, featured artists or singers.
So in French's case, he wouldn't even see that 138,567...more like $62,355
here is the original article itself:
Business Matters: The Truth About Pandora's Payments to Artists | Billboard.biz
"There are a couple artists making over $2 million on Pandora," TechCrunch quotes Westergren as saying. "Some artists making over $100,000 a year." Those are pretty straightforward comments. Artists do indeed make money from streams on Pandora.
To add weight to his argument he cited in a blog how artists such as Donnie McClurkin and French Montana will generate performance royalties from Pandora of $100,228, $138,567 respectively.
Unfortunatly according to this revealing editoral by the kind folks over at BILLBOARD magazine...that is not the case at all.
Westergen doesn't address the payout "split" that occurs based on the owner of the composition in this case the recording company recieving the 50% bulk of the payout, while the artist gets 45% with the remaining 5% going to backup artists, featured artists or singers.
So in French's case, he wouldn't even see that 138,567...more like $62,355
here is the original article itself:
Business Matters: The Truth About Pandora's Payments to Artists | Billboard.biz
