Do Music Streaming Services Devalue Music?
Music Streaming Services Devalue Music
Since the Internet boom, record labels have been trying to find a way to keep a handle on music illegally being available for free downloads. For years they have been losing the battle. Is the music industry doomed to failure? Some people champion the loss of revenue for big corporate giants feeling they treat artist unfair with their unethical accounting giving artist bread crumbs while they rake in millions. Others feel that everyone gets hurt from illegal downloads, not just record labels, but artist, and consumers looking for new creative music from their favorite artist.
Let’s fast forward to streaming music services. Music streaming services allow access to unlimited music at a monthly subscription rate giving artist a cut of the revenue based on the amount of streams (at an unfair low rate of course). But some streaming services allow users to stream music for free as a guest.
I then have to ask. So the artist that gets music streamed by a guest doesn’t receive anything, while the service still profits by placing ads in-between your songs? And what makes a person want to buy your album if they can stream it anytime for free? Legally!!
It seems like once again the artist/producer gets the unfair end. But on top of that, music gets devalued when it’s constantly given away for free. Even mixtapes can devalue artist music depending on who you ask, but that’s another topic.
However, Apple may have an answer to the problem. Apple is looking to introduce their new streaming services with no free streaming option. According to the New York Times this has greatly pleased top executives at major music labels, who have begun to complain openly that so much free music has given consumers too little reason to pay for it.
If every streaming service would conform to this method it would start to bring back some of the value in music. It is important that artist and producers protect the value of their work if their expecting to make a living off it. Too much freebees can create an atmosphere of free music entitlement. Just ask the hard working credited producers who gets tweeted daily for free beats.
Mike”Trauma”D is part of the music production team Arkatech Beatz (formerly known as The Infinite Arkatechz). Arkatech Beatz is a Grammy nominated hip-hop production team from New York now based in Atlanta. They were affiliated with Loud Records/ Sony Music Entertainment as A&R’s and have produced for artists such as Big Pun, Nas, Raekwon, Jadakiss, The Game, Waka Flocka Flame, Lil Scrappy, Killer Mike, Shawty Lo, Mýa, Alley Boy, Max B and others. The team consists of Mike “Trauma” D and Jugrnaut.