Adele Backs Music Streaming ServicesAdded: Friday, November 21st, 2014
Category: Recent Headlines Involving File Sharing > Current Events
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2013, www.extratorrent.cc
Adele’s manager claimed that services like Spotify are the future of music. However, he admitted that the company may need to change its policy and stop making all albums available to both its free and paid subscribers.
Such claim was made in respond to Taylor Swift’s back catalogue being removed from Spotify a few days ago. He also pointed out that when the copyright owners decide to remove music from Spotify, it still remains available on YouTube, where the whole Taylor Swift album is streamed, partly ad-supported (so there is revenue) and partly not.
As you can see, the rights holders treat various streaming services differently: YouTube as a marketing tool, but Spotify as lost sales. Adele’s manager elaborated on his theory that Spotify could relent in its policy of having albums available to all its users. May be it would be a wise move to allow some music to be restricted to its paying customers, at least for some period of time, i.e. paying subscribers may get access to new albums earlier than free listeners.
Back in 2012, Spotify refused to allow Adele’s last album to be made available in this way. Her music was added to the service later in 2012. Nevertheless, her manager remains positive about the prospects for streaming overall, and Spotify in particular.
A successful or current artist is supposed to see the following income: 60% to come from tickets, 20% from tour merchandise, 15% from publishing, 3% from ancillary and only 2% from record sales. So, now the artists have to get to grips with the biggest change in the music industry, which is its current switch from sales to streaming.
Adele’s manager predicts that streaming will be ubiquitous in 5 years, with the music business going into a streaming model now. Regardless of whether the artists want to be in it or not, in a few years streaming will be everywhere.
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Friday, November 21st, 2014
|posted by (2014-11-21 10:53:16)|
|I agree with everything Adele's manager says. Limiting music to free customers, for a time, sounds fair to me.|
|agree to you mrdanny , theres always b a diff between free and paid|
|I think it´s fair to give the new musics to the paying listeners first, spotify needs to finds some balance inthere between the users who pay and those who don´t. I think think that what really matters is that everyone have acess to the contents with quality in the end. Don´t discriminate the poor, but do differenciate the investment of those who have more in there, if don´t why pay??|
|posted by (2014-11-22 21:44:58)|
|This should come as no surprise, artists don't lose much by the "pirating" of music, traditionally they make their money from live performances. Spotify and others introduce artists to greater audiences, boosting ticket sales and cost. Introducing artists to new audiences is called Marketing. Marketing is what the record labels have traditionally done for artists, for a sizable cut of the record sales. In time Spotify, extratorrent, Facebook, iTunes, Google Store and others will come to serve this function.|
Artists are already starting to realize its not them and the label against the pirates,AKA listeners, it's the artist and the listeners against the labels. In today's world the new artist is little more than an indentured servant to the label. The record industry knows this and that's why they are fighting so hard to hang on, but the Genie's out of the bottle, finally! Record stores have all but disappeared, the suits are next.
|posted by (2014-11-24 07:53:23)|
|I'm wondering if all the piracy complaining is from the recording companies because, from their profit perspective, they see the following income: 60% to come from record sales, 20% from tour merchandise, 10% from publishing, 5% from ancillary, 5% from ticket sales and basically, 0% from talent. (I'm guessing)||
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