5 Reasons the Music Business Is in the Toilet – Breitbart

Record Labels Continue to Stiff Artists

Music distribution channels can only take so much of the blame for the industry’s current dysfunction. According to Boluk, contracts between record labels and their artists have changed little in the last decade despite the major overhaul the industry has gone through as a whole.

To illustrate the point, Boluk pointed to an eye-opening statistic from a recent Ernst & Young report: record labels took home 73 cents out of every dollar paid out by Spotify and competitor Deezer, while songwriters got 16 cents and artists got 11.

Source: 5 Reasons the Music Business Is in the Toilet – Breitbart