“Artists didn’t make big money from CDs when they were introduced, either,” Passman said. “They were a specialty thing, and had a lower royalty rate. Then, as it became mainstream, the royalties went up. And that’s what will happen here.”
Thu, Jan 31, 2013 - Page 12 News List
Music’s money-making future
Spotify, which began streaming music in Sweden in 2008, allows users to choose from millions of songs over the Internet free or by subscription, and is increasingly seen as representing the future of music consumption. But the new trend might be condemning some musicians to poverty
By Ben Sisario / NY Times News Service
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