Is New Media Ripping Artists Off?

Data will show you that Internet fame is also only a minor asset to a performer’s income. An article by The Guardian claims that an album released on iTunes, an artist makes $2.30 to every $9.99 sold, on Spotify, an artist makes 0.3% of the money made from any given playing of their song, and on YouTube, the artistic revenue is $0.0018 to the dollar. This in combination with the fact that websites, including Facebook, often make artists pay money to reach a wider audience spells doom for many independent working musicians who rely on the Internet as substantial income revenue and who haven’t necessarily got the money to pay a regular fee just to reach an audience.