Well, we are nearing the end of the year 2023, which has involved massive upheaval in the music business globally. This post is a reflection of events with a few predictions for the future of the music business and technology in a world where change is occurring daily.
Alright, everybody, we're about to dive into the wacky world of music streaming payouts! You know, that mystical land where artists get paid in fractions of a cent for making us jam and where Drake is king.
This week the Copyright Royalty Board made its initial determination regarding streaming royalty rates, setting minimum payouts. The real question is, "Is Lucien Grainge happy now"?