How record deals work and making money in the music industry | FT Film
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'
Watch video How record deals work and making money in the music industry | FT Film online without registration, duration hours minute second in high quality. This video was added by user Financial Times 14 April 2021, don't forget to share it with your friends and acquaintances, it has been viewed on our site 380,03 once and liked it 9.6 thousand people.