Nicky Reardon

producer and a songwriter um then there is the advance you know if you have to pay back in advance still there's also like whatever your contract percentage is yeah and then it like that is what you're seeing on the check that's right yeah streaming services are paying the label for the recording the publisher for the songwriter and then from there all the deals are different and yeah

producer and a songwriter um then there is the advance you know if you have to pay back in advance still there's also like whatever your contract percentage is yeah and then it like that is what you're seeing on the check that's right yeah streaming services are paying the label for the recording the publisher for the songwriter and then from there all the deals are different and yeah

Totally. And this explained the big problem that I talked about at the beginning where people don't understand how can a label report that 77% of their all revenue comes from music streaming, yet an artist is complaining how less than 10% of their revenue comes from music streaming. Yeah. It's not that either one of them is wrong. They're both right.

Totally. And this explained the big problem that I talked about at the beginning where people don't understand how can a label report that 77% of their all revenue comes from music streaming, yet an artist is complaining how less than 10% of their revenue comes from music streaming. Yeah. It's not that either one of them is wrong. They're both right.

It is the structures of the contracts in the way the music business works on that side of the equation.

It is the structures of the contracts in the way the music business works on that side of the equation.

Yeah, and one of the really interesting things, again, I think really where Spotify sits between this rock and a hard place, all music streamers sit between this rock and a hard place, of you don't get to choose what the relationship with the artist and what their contract is. You also don't necessarily get to choose how much so-and-so gets X, Y, Z amount of streams or either.

Yeah, and one of the really interesting things, again, I think really where Spotify sits between this rock and a hard place, all music streamers sit between this rock and a hard place, of you don't get to choose what the relationship with the artist and what their contract is. You also don't necessarily get to choose how much so-and-so gets X, Y, Z amount of streams or either.

It is an intermediary in the flow of where this... value is going from the consumer to the artist. And I think the artist's perspective is like they see a check or whatever that from their label says, title revenue, and they're like mad that they didn't get as much, you know what I mean, or whatever.

It is an intermediary in the flow of where this... value is going from the consumer to the artist. And I think the artist's perspective is like they see a check or whatever that from their label says, title revenue, and they're like mad that they didn't get as much, you know what I mean, or whatever.

And it's like, well, yes, but it's like there's eight filters through that as like we just kind of outlined.

And it's like, well, yes, but it's like there's eight filters through that as like we just kind of outlined.

And there's even other elements we haven't discussed, like, do you have a

And there's even other elements we haven't discussed, like, do you have a

manager does a manager take a percentage of the royalty fee you know what i mean if you're in a band how do you split it between if there's a band that is why i think also like when people discuss this it's as if there's one solution to this problem when what is interesting to me in my like again like researching this was it's like exactly so like some person might not have a band some person

manager does a manager take a percentage of the royalty fee you know what i mean if you're in a band how do you split it between if there's a band that is why i think also like when people discuss this it's as if there's one solution to this problem when what is interesting to me in my like again like researching this was it's like exactly so like some person might not have a band some person

might have a six-person band. Some person might be a completely solo artist, but they have a manager. Some person might be a solo artist, but they have a manager, and they have a label. Someone might have a merchant doing all those things, but they're an indie label, so they have a slightly higher percentage rate. It's so hard to just blanket problem, blanket solution, when I'm like, no.

might have a six-person band. Some person might be a completely solo artist, but they have a manager. Some person might be a solo artist, but they have a manager, and they have a label. Someone might have a merchant doing all those things, but they're an indie label, so they have a slightly higher percentage rate. It's so hard to just blanket problem, blanket solution, when I'm like, no.

I think most of the solutions come from that contract that we are not allowed to see. You know what I mean?

I think most of the solutions come from that contract that we are not allowed to see. You know what I mean?