For musicians, music streaming has been a financial enigma wrapped in an algorithm. Millions of streams accrue, but how much does it translate to in their pockets? Spotify, the music giant, is finally cracking open the black box with this year’s Loud & Clear report, a website dedicated to demystifying music streaming economics with hard data. Buckle up, musicians, because these numbers are about to get really interesting.
Coincidentally, Spotify’s report has seen the light of day just in the middle of the whole artists’ royalties discussion going on, given the Living Wage for Musicians Act recently proposed by House…
