I get your point, but as someone who occasionally goes where streaming is unavailable and is even still bitter about certain labels abandoning CDs....urrrrrrrrgh...
Streaming is great but we are always going to want the hard copy.
This doesn't mean that physical products will be abandoned. On the contrary, it could well be that there will be a iluvdrumandbass compilation with vinyl/cds? I believe that there will always be physical market, at least in the next 10 maybe 20 years. It will probably depend on technology but you'll have to see that the market is small and streaming services serve millions of people.
I cant see where the money is in streaming but it must be there and isn't Spotify just another version of Youtube?
Spotify ain't here to save us.. I've always been calculating with 0.0064 per steam but apparently it's less now. In average 0.0046 according to this article
https://www.digitalmusicnews.com/2017/05/16/spotify-audiam-low-rates/ Either way, give you an example:
https://open.spotify.com/artist/4yIhFnIMOrX9UXYDrJ5ocQ Ewol new guy to the scene, his track was featured in some top tier playlist with a couple ten thousands of subscribers. His track 'Hesitate' has 50k streams that equals 230$ for the label - over time this will grow as well. Bungle's - Cocooned probably the best selling d&b track on Beatport in the last 12 months (
https://www.beatstats.com/tracks/list/list-YEAR-genre1) has 20k streams without featuring's in playlist, that only equals 92$. My point is if your track lands on a big playlist you can make some income, whoever you are.
Take Prototypes - Pop It Off which has 612k streams that equals almost 3000$ for just one song... and it's not their most successful one. They currently have 134k monthly streams, that equals 600$ each month in profit. It's not going to make living but take it or leave it really? Youtube on the other hand is at 0.0006 per stream. 100k = 60$ and compared to youtube, spotify is just for music.
I guess you'd need to look into the income of streaming services as a whole... you have soundcloud that have just started paying out royalties, I saw that VK will be monetized and there's an influx of new services and markets like Asia but currently Spotify is the biggest player for d&b.
The money isn't in streaming or music sales.
The money is in live shows.
This will only ever apply to the top 200 most successful artists. There are plenty of mid size artists that struggle to have a regular span of gigs. There are young new guys coming in as well every year. There are more artists now then there are shows to play so this won't work for the vast majority of artists.
And espicially if you want new people to come in, you need a easy platform (spotify) for them to get into.
Yes - you can't lose on a new generation of music listeners, that could potentially lead to dry out the genre in x years to come.
This playlist might be the single biggest boost to the genre for a long time
I'll hold my breath for that but I'd like to believe that this is an initiative for the many not the few... let's see.