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Songwriters Are Getting Screwed by Streaming Even Worse Than They’d Thought, New Study Shows
It is no secret that songwriters are at the bottom of the streaming economy. But a new report shows they receive 9.5% of the average $.004 per stream.
And with Spotify,theworld‘slargeststreamingservicebyawidemargin, dodging those rate increases by introducing subscription-bundling options that will lower its royalty payments to songwriters by an estimated $150 million in the next year, it’s about to get even worse. But those numbers don’t take into account the fact that most hit songs these days have between 3 and 12 writers splitting that 68% of the 14% of $.004 per stream, and that they have managers and possibly other interested parties earning a percentage of their share. But the situation has gotten so dire that when a group of writers refuses to accept the going conditions — as a short-lived songwritercollective called the Pact did three years ago — there are plenty of others eager or desperate enough for work to cross their picket lines.
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