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How record deals work and making money in the music industry | FT Film

Financial Times
1.19M subscribers
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468K views 3 years ago #Recordlabels #Recorddeals #FinancialTimes
How many streams does it take to make minimum wage? Streaming platforms like Spotify now dominate the music business. Social media apps like TikTok and Instagram are changing the playing field. And some artists are moving away from traditional record deals and revenue sources in favor of independence. The FT's Don Newkirk Jr asks some of the world's biggest music companies, record labels, and producers how they are adapting to this fast-changing industry. And he follows an up-and-coming hip-hop artist struggling to make his fair share just as the coronavirus pandemic hits. Music Soundtrack by ‪@DirtyBlonde‬ #Recordlabels #Recorddeals #FinancialTimes See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmen.... ► Check out our Community tab for more stories on the economy. ► Listen to our podcasts: https://www.ft.com/podcasts ► Follow us on Instagram:   / financialtimes'   ...more
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How record deals work and making money in the music industry | FT Film
11KLikes
468,689Views
2021Apr 14
How many streams does it take to make minimum wage? Streaming platforms like Spotify now dominate the music business. Social media apps like TikTok and Instagram are changing the playing field. And some artists are moving away from traditional record deals and revenue sources in favor of independence. The FT's Don Newkirk Jr asks some of the world's biggest music companies, record labels, and producers how they are adapting to this fast-changing industry. And he follows an up-and-coming hip-hop artist struggling to make his fair share just as the coronavirus pandemic hits. Music Soundtrack by ‪@DirtyBlonde‬ #Recordlabels #Recorddeals #FinancialTimes See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmen.... ► Check out our Community tab for more stories on the economy. ► Listen to our podcasts: https://www.ft.com/podcasts ► Follow us on Instagram:   / financialtimes'  

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Financial Times

1.19M subscribers