Beggars Group Say Digital Revenues from Streaming Services Now Account for 22%

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The Guardian reports that 22% of Beggars’ digital revenues came from streaming services, and that ‘the majority of its artists earn more now from track streams than track downloads’ – bolstered by the company’s decision to pay artists 50% of streaming royalties.

This is a great result for Beggars who are really leading the way in terms of digital initiatives and payments back to the artists.

Additionally, in the article from the Guardian it talks about Cooking Vinyl saying it gets $5k per million views on Google’s video service ‘under certain circumstances’ – those circumstances being related to the kind of ads being shown around videos.

This is a little higher than what I know most YouTube partners are receiving.

YouTube exists in 120 countries, but is only monetised in 26 of them. Often this is due to local songwriters’ collection societies being dissatisfied with the much lower rate they’re offered.

Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

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