Dear digital musicians,
Before starting a digital distribution, you’re always asking yourself : “On which music platforms my song will be the most listened ?”, or not ?
For the first time, you’ll have an idea about your question. It’s important to notice that, this article is an extract from my work The New Music Economy (David Raimbaud, 2014) and deals with Artists and Labels distributed by Wiseband. It doesn’t give informations about tarification policy of platforms or give any conclusions about wages of independent Artists or Labels. It helps you to understand the distribution of artists’ royalties distributed by Wiseband.
The goal is to give you a screenshot of the artists’ revenue structure from Wiseband.
chart made by David Raimbaud from Wiseband’s data
What we learn is that the majority of royalties are coming from a minority of platforms. Indeed, iTunes, Spotify, Deezer and Youtube represent 86% of Royalties. If we add Amazon, those five platforms concentrate 94% of total Royalties.
This study shows us the oligopolistic part of the market where a few number of platforms concentrate the major revenues of the industry. The “Others” platforms represent only 6% of total Royalties.
Hope that this chart will help you to understand your future royalties with Wiseband.
See you soon,