Last summer, Hip-Hop Wired attended a Spotify event in which the music sharing company boasted about the amount of money its paid out to artists. Since 2008 Spotify has worked its way up to become a go-to destination for listeners who want to try out albums before making a purchase. Unlike illegal sharing entities like Napster, […]
Album sales are down all across the board, but thanks to streaming music platforms like Pandora musicians are about to cash out.
One of the most debated issues in modern music today may have just been resolved. According to Reuters news service, an agreement was reached Tuesday on how money should be split between companies and artists from streaming music on the Internet. With the agreement, large music streaming companies will pay artists and copyright owners