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Slipknot's Corey Taylor Speaks Of Streaming Music Services 'Pricing Artists Out Of Careers'
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Slipknot's Corey Taylor Speaks Of Streaming Music Services 'Pricing Artists Out Of Careers'


by wookubus
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Following some discussion from musician Nils Lofgren on this report on the sobering royalty payout numbers of digital streaming services, Slipknot/Stone Sour vocalist Corey Taylor engaged in some interesting conversation on Twitter about being a musician in the modern age.

According to the report, dominant streaming services such as Spotify pay .00437 per stream, with 336,842 streams required per month to meet the US minimum monthly wage of $1,472. The report further states that services such as Apple Music and Google Play Music pay out better at .00735 and .00676 respectively.

Of course, with labels recouping on advances, etc. made to the artists and publishing deals, the musicians themselves are often the last in line to receive their cut, taking home fractions of the fractions of a penny.

Some of Taylor‘s more notable thoughts on the matter via Twitter can be found below:

All That Remains frontman Phil Labonte also chimed in on the matter, with Taylor also responding:

Taylor‘s discussion then continued:

The legislation Taylor referred to regarding streaming is a 2018 ruling which saw the U.S. Copyright Royalty Board raise the music streaming royalty rates for songwriters and music publishers by 44% per cent to narrow the difference between them and record labels.

The new rates were officially published by the Copyright Royalty Board earlier this year and have since been entangled in an ongoing appeal by Spotify, Pandora, Amazon and Google.

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