[HN Gopher] Four Tet wins royalty battle over streaming music
       ___________________________________________________________________
        
       Four Tet wins royalty battle over streaming music
        
       Author : mindracer
       Score  : 93 points
       Date   : 2022-06-20 18:12 UTC (4 hours ago)
        
 (HTM) web link (www.bbc.co.uk)
 (TXT) w3m dump (www.bbc.co.uk)
        
       | iamben wrote:
       | 13.5%? Jeez.
       | 
       | No wonder so many 'signed' artists have a problem with streaming.
       | And no wonder so many young artists are choosing to self release.
       | We really are getting to a point where labels need to properly
       | prove their worth.
        
         | AdmiralAsshat wrote:
         | There was probably a time when a label was useful as both
         | distributor and curator of a particular kind of music, and that
         | could've been useful. Like, I dunno, 4AD records.
         | 
         | But, having been born at the tail end of the 80s, I personally
         | have never found labels to be anything more than an annoyance.
         | Like: "Oh, you can't buy this band's first two albums anywhere
         | because the label is pissed at the band for leaving and won't
         | re-release them."
         | 
         | I can think of maybe one or two smallish labels that I actually
         | follow on Bandcamp because they specialize in niches I like,
         | and there's a good chance that whatever they release will at
         | least warrant a trial listen from me. But those are few and far
         | between.
        
           | egypturnash wrote:
           | Label-as-curator is definitely a thing until the label gets
           | too big. There were a few times in the nineties and noughties
           | where I bought a sampler CD from a label because it had a
           | track by an act I liked, and it would introduce me to other
           | acts on that label who I went on to buy more stuff from.
           | 
           | If a label owns subsidiary labels it is probably too big for
           | this to work any more. If any of those subsidiary labels have
           | multiple imprints of their own then it's definitely too big
           | for this to mean anything, "Warner Brothers released this"
           | tells you next to nothing about what to expect.
        
       | vr46 wrote:
       | Random thoughts:
       | 
       | At various points in the past, record labels were the ones taking
       | the big risks and getting the big paybacks, just like any
       | business, fronting the funds for expensive studio time and the
       | people to run them.
       | 
       | And many bands took personal offence at this, and continue to do,
       | despite being the beneficiaries of the whole sordid industry at
       | the time. Now that the costs of production and distribution have
       | dropped in certain areas - there's still things that you need
       | Abbey Road Studio One and 96 expert musicians for - artists
       | expect a fairer deal.
       | 
       | But who decides what the value was of the label's work in the
       | first place? If they did all the promotion and legwork to get the
       | artist into the limelight and keep them there, does or doesn't
       | that work deserve perpetual royalties?
       | 
       | I don't know why streaming rights and licensing weren't newly
       | negotiated deals but I guess for artists like FourTet who arrived
       | when they did, downloads and streaming were covered by a
       | 'digital' clause.
       | 
       | Labels are full of people who love music and work their nuts off
       | promoting musicians, building their web and social presences,
       | getting them booked onto support slots, playlists, radio shows,
       | festivals, cleaning up after them, and championing them, but
       | labels are also cynical and heartless and will drop an act
       | without compunction if sales don't happen. I've hundreds of
       | brilliant promo albums on my shelves from my days on student
       | radio and nearly all those acts released nothing more.
       | 
       | Given the scale of competition and number of acts, I have no idea
       | how anyone could be a sales success without a central
       | organization coordinating things. I don't know much about Taylor
       | Swift but is she a huge success without the involvement of a
       | label?
        
         | saaaaaam wrote:
         | I managed a major territory for one of the biggest digital
         | music distributors in the world. Digital distribution is the
         | bit that gets music into DSPs like Spotify and Apple Music, and
         | processes the resulting revenues.
         | 
         | There are a significant number of very successful artists who
         | do not have a label. We had lots.
         | 
         | Even artists signed to major label deals are often doing a JV
         | with a major after achieving traction themselves - or are doing
         | an "artist services" deal where the label does some things but
         | not others.
         | 
         | Labels are great - but there are lots of artist making a
         | success of things outside the traditional label model.
         | 
         | There are, of course, also lots of artists with amazing music
         | who go nowhere because they can't market themselves enough to
         | get up the next rung of the ladder.
        
         | jamal-kumar wrote:
         | I'm noticing a lot of my favorite artists right now who do
         | mixes of other people's work have more and more stuff that when
         | I look at where I can get an HQ copy, it's ending up on
         | Bandcamp more than Beatport these days, which is really cool.
         | Not only is there more of a feeling that they're getting an
         | equitable cut, it's also usually a lot more reasonably priced
         | and gives options like limited edition LPs or cassette tape to
         | get the music on.
        
       | jamal-kumar wrote:
       | For anyone who hasn't listened yet, Four Tet is really good. A
       | lot of base in very organic sounding samples from analogue
       | instruments like hand pans, chimes, xylophones, steel pan drums
       | and similar kind of percussion but it's still pretty much
       | techno/house electronic music (not tech house) [1]. His newer
       | stuff [2] is starting to sound a bit more synth based but it's
       | still really top work.
       | 
       | I'm glad they're doing something with fighting to get proper
       | compensation, the industry really needs to check themselves in
       | terms of respect for who's out there doing the hard creative
       | work. Way to be a repellent to talent, Domino Records!
       | 
       | [1] https://www.youtube.com/watch?v=lWInZ4N6C2g
       | 
       | [2] https://www.youtube.com/watch?v=w6T9Q5mUYqc
        
         | smcl wrote:
         | Yeah music like Four Tet is really nice for coding. I can also
         | suggest Arms And Sleepers if that's your thing.
        
         | technonerd wrote:
         | dvs1 started a genius idea to help pay artist [1]. All the DJ
         | has to do is import his playlist and enter the amount they want
         | to share with the artist that were played in a given set. Not
         | only is this man an absolute master behind the decks like you
         | need to add him to your bucket list to see him hes that good.
         | The dude reeks in passion for music and it shows in his DJ
         | skills, it shows in the sound systems and warehouse he built.
         | But he is also out there trying to help improve the scene.
         | 
         | [1] https://aslice.com/
        
       | colinmhayes wrote:
       | > The difference is far from academic because most artists
       | receive 50% of the royalties for a licence but a much lower
       | figure, typically between 12% and 22%, for a sale.
       | 
       | Hard to comprehend how a label can seriously claim they deserve
       | 86.5% of streaming revenue. Not like they sunk any considerable
       | money into Four Tet, just sat back and watched the money roll in.
       | What a ripoff, that's 2.2 million streams to make $1000 on
       | spotify.
        
       | qazwse_ wrote:
       | > After the advent of iTunes and Spotify, labels often argued
       | that downloads and streams should be counted as sales.
       | 
       | I'm guessing this is still the case for many artists. How can
       | they argue this at all? Who is the sale to? I doubt the record
       | labels would say that I purchased a song after listening to it on
       | a streaming service.
        
       ___________________________________________________________________
       (page generated 2022-06-20 23:01 UTC)