The Renegade Musician: A Cent Per Stream

Wouldn’t it be great if Spotify (and streaming sites more generally) paid more per stream? Wouldn’t it be awesome to earn $0.01 every time your music was played, instead of the current $0.003?

In this episode of The David Andrew Wiebe Show, David expands on a blog post he originally wrote in August 2020, explaining why a cent per stream won’t save the music business. While he agrees with the movement in general, he also illuminates the many threats that would make a cent per stream a drop in the bucket.

In This Episode:

Why a cent per stream isn’t going to save the music business

What “decimal money” is

How the economics actually work out when you’re paid a cent per stream

Why increasing income from streaming would be like a drop in the bucket

Why there will always be societal issues looming over artists

Key Resources:

The Renegade Musician: Step out of the shadow of the old music career model

Why I Don’t Think 1 Cent Per Stream on Spotify is Going to Save the Music Business: the blog post referred to in this episode

A Cent Per Stream on Spotify