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)
Kosmo @ The Soap Boxers says:
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.
October 17, 2012 — 10:35 am
Evan Kline says:
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.
October 27, 2012 — 11:02 pm