So Much For the Theory That Artists Get Pennies From Streaming Music Services
I’ve heard it repeated many times that artists make no money from services like Pandora. I guess that is incorrect- at least in some situations.
Pandora: Pandora and Artist Payments: “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. Drake and Lil Wayne are fast approaching a $3 million annual rate each.”