Major Record Labels Keep 73% of Spotify Payouts

journovampire sends this report: New record company figures out of France suggest that artists are being paid just 68 cents from every €9.99 monthly music streaming subscription – as major labels keep hold of 73% of payouts from the likes of Spotify. They’re followed by writers/publishers with a 16% share, and then artists – mostly paid by their labels – who get 11%.

Comments

First grab

[zoefff]

mine, mine! ;)

Re:Artists often get little

[itzly]

Note that the word "artist" usually refers to the autotune operator, not the singer.