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    The Decline of Musician Compensation: How Streaming Changed the Industry

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    Author
    Marocco, Michael
    Keyword
    First Reader Laura R. Ricciardi
    Senior Project
    Semester Fall 2021
    Readers/Advisors
    Ricciardi, Laura R.
    Term and Year
    Fall 2021
    Date Published
    2021
    
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    URI
    http://hdl.handle.net/20.500.12648/11476
    Abstract
    This paper aims to analyze the current environment of the music industry to determine and explain why music distribution is becoming increasingly less lucrative for musicians and to promote possible solutions to the problem. We have seen music become more accessible to consumers, but as my paper points out, as accessibility increased, musician compensation decreased. Using both qualitative and quantitative research, as well as personal interviews, I paint a picture of the current musical landscape and the things musicians do to circumvent this drop in distribution revenue such as music licensing, an increased focus on touring, and DIY production setups. Along with these possible solutions on the musicians' end, I introduce a solution on the industry's end called fan-powered royalties. This new business model would drastically improve the financial positions of those musicians on streaming platforms as my research has found that, when correctly implemented, musicians could see a 2x-10x increase in music distribution revenue.
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    Purchase College - State University of New York (PC) is committed to ensuring that people with disabilities have an opportunity equal to that of their nondisabled peers to participate in the College's programs, benefits, and services, including those delivered through electronic and information technology. If you encounter an access barrier with a specific item and have a remediation request, please contact lib.ir@purchase.edu.
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