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Streaming Music: To Make Money, You Better be a Superstar

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In this Sept. 19, 2014 file photo, Taylor Swift arrives at the iHeart Radio Music Festival in Las Vegas. The music streaming service Spotify is no longer offering Swift songs at her request, setting up a battle between the industry's most popular artist and the leading purveyor of a new music distribution system. Spotify, which pulled Swift's songs on Monday, Nov. 3, 2014, said that "we hope she'll change her mind and join us in building a new music economy that works for everyone."  (Photo by Andrew Estey/Invision/AP, File)

In this Sept. 19, 2014 file photo, Taylor Swift arrives at the iHeart Radio Music Festival in Las Vegas. The music streaming service Spotify is no longer offering Swift songs at her request, setting up a battle between the industry’s most popular artist and the leading purveyor of a new music distribution system. (Photo by Andrew Estey/Invision/AP, File)

 

VENICE BEACH, Calif. (USA Today) — Pop superstar Taylor Swift has the right idea: Musicians should be better compensated for their online music.

Problem is, she’ll have to find folks willing to pay for digital music in the first place.

The rift between Apple Music and Swift over royalty rights obscured a hard truth about streaming music: Consumers love it, but they don’t want to pay for it.

Spotify, by the far the largest music subscription service, has 20 million paying global subscribers.You would need five times that number of paid subscribers to make streaming music a decent revenue stream for most musicians, say analysts.

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Oakland Post: Week of November 13 – 19, 2024

The printed Weekly Edition of the Oakland Post: Week of November 13 – 19, 2024

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LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST

Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024, 5 p.m. – 6:30 p.m. PST

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Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024
5 p.m. – 6:30 p.m. PST

Discussion Topics:
• Since the pandemic, what battles have the NAACP fought nationally, and how have they impacted us locally?
• What trends are you seeing concerning Racism? Is it more covert or overt?
• What are the top 5 issues resulting from racism in our communities?
• How do racial and other types of discrimination impact local communities?
• What are the most effective ways our community can combat racism and hate?

Your questions and comments will be shared LIVE with the moderators and viewers during the broadcast.

STREAMED LIVE!
FACEBOOK: facebook.com/PostNewsGroup
YOUTUBE: youtube.com/blackpressusatv
X: twitter.com/blackpressusa

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Oakland Post: Week of November 6 – 12, 2024

The printed Weekly Edition of the Oakland Post: Week of November 6 – 12, 2024

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