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So Much For the Theory That Artists Get Pennies From Streaming Music Services

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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.”

Pandora Blog (Via Daring Fireball)

 

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About Evan Kline

Evan started 40Tech to write about tech from his perspective – that of the average 40-something tech geek. When not writing about tech, you might find him with his beautiful wife and baby girl, out on the ski slopes, at his real-life job as a lawyer, over on Google+, or scrounging for followers on his personal Twitter account after years of focusing on the 40Tech account.

2 Responses to So Much For the Theory That Artists Get Pennies From Streaming Music Services

  1. I think the real question is how the payment compares to radio, on a per-listen basis. The gross amounts don’t tell a whole lot.

    • Good point. I’m not sure how much the artists received from normal radio, but one thing the guy from Pandora has moaned about for quite a while is how much more Pandora must pay than traditional radio. I don’t know if that is per listen, though.

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