The Economics of Streaming: Understanding Artists’ Earnings in Today’s Age
The advent of streaming services has revolutionized the music industry, providing unprecedented access to a vast catalog of songs for listeners worldwide. However, behind the convenience and abundance lies a complex ecosystem where artists navigate varying compensation structures and revenue streams. This research paper seeks to explore the economics of streaming and shed light on how much money artists typically make from these platforms. Introduction: Streaming services such as Spotify, Apple Music, and Amazon Music have become ubiquitous in today’s music consumption landscape. While these platforms offer immense exposure to artists, questions persist regarding the fairness and transparency of their payment......