This is a great article full of nice info-graphics on the streaming industry.
https://www.visualcapitalist.com/how-music-streaming-money/?fbclid=IwAR3uFRbiKAZUokDoHcO3N-zTx-TUGKkPdPOzdbguV-20kCITQH66Fh4CMvQ
It ends with this depressing statement:
Currently, artists can increase their chances of being featured on more playlists and ultimately earn more money by altering their music based on streaming platform algorithms. For example, artists only get paid if their song is listened to for 30 seconds, which results in much shorter songs that open with the chorus to keep the listener’s attention.
While streaming platforms continue to provide more avenues for artists to get in front of the right ears, many industry critics argue that music is no longer about creating something for pure enjoyment, but rather about using a formulaic approach to make more money.
Is the future of music safe in the hands of tech giants?