Jimmy Iovine Quotes

Companies like Spotify, the new Apple service, and all the others are really going to have to pay artists more. And I think it's a matter of time; I think a lot of these companies and the individuals that are involved in them realize that as well. They know that artists are not getting what they should be getting.

If you're an artist, and you put out a record - most artists only have one or two hit records - that has 100 million streams, on certain services you only get paid on 75% of those streams. How's an artist going to live like that?

I imagine if Spotify becomes something that people are willing to pay for, then I'm sure iTunes will just create their own service, and they're actually fair to artists.

What Spotify pays me is not even enough to pay the musicians playing with me or the people working on the discs. It's not working. Something is going to have to give.

There's a lot of artists whose contracts are written in such a way that they do not get paid for what's happening on streaming services.

With Spotify and all those streaming services, you don't get paid anything. You have to be, like, Madonna or something to actually make a real royalty from that.

I suppose Spotify is a good thing. The ads are quite annoying, but a lot of people seem to like it and use it. I don't myself, but it seems like a good idea, and the labels are getting a huge amount of money off it, but the artists aren't, so that must be good for them... but not us.

Streaming is a really big market for me. We've been doing great in the streaming market, so it's not something I want to alienate at all. Streaming counts now. They're treating artists the way we deserve to be treated.

A chart that weighs some ad-supported streams the same as a pay stream... encourages artists to promote free tiers to have a No. 1 record. That's great for the tech companies, but not for artists.

The big news already broke. The file-sharing and all that stuff, it's a done deal. And I think figuring out how to make that a fair exchange for the people that make music is still an issue.

When you have a very hot single there is no reason why it can't drive album sales. People fall off and come back on. I'm looking forward to coming back on with a vengeance.

In this age when people expect to get their music for free, we have to work out how we can protect the rights of creative artists so they are compensated fairly and that the record business itself remains sound and healthy.

Music is everywhere - you consume it every day, everywhere you go. The content creator should be compensated. It's only fair.

We are passionate about making it so that users enjoy the music that they want to enjoy but at the same time fairly compensates artists. That's not the same as saving the music industry.

All artists deserve compensation for their work, including musicians.

From the artist's standpoint, are you getting more from streaming than you used to, prior to the days of the Internet? No - and I don't know if those days are ever going to come back - but at least, technically speaking, it's the legal way to do it.

The value of streaming platforms is estimated at a few billion dollars, and creators can only afford a pizza without pepperoni at the end of the year with the revenues. Without musicians, all those platforms wouldn't exist, so we urgently need an appropriate and sustainable business model for musicians for the 21st century.

There's definitely some sort of dissent brewing between record labels, publishing companies and artists [about the compensation they get from streaming services] Spotify is returning a HUGE amount of money [to the record labels]. If we continue growing at our current rate in terms of subscriptions and downloads, we'll overtake iTunes in terms of contributions to the recorded music business in under two years.

I think people have been obsessed with the wrong question, which is how do we make people pay for music? What if we started asking, how do we let people pay for music?

Singer/songwriters spend two or three years making an album, and then it goes up for sale and everybody pirates it and you don't make any money. Whereas, writing a film score you still get presented with a paycheck.

If you are a musician who has released albums, it would perhaps be morbidly interesting to know how much you would be owed if everyone who now has your music had actually bought your record.

The larger streaming grows, the less money there will be to get the music out there, which, to me, is the sad part.

I think overall, and this isn't specific to Spotify or any streaming service or any label... when you consider the overall value chain of the music industry and how important the songwriter is to the business - I think there needs to be another look at the value chain.

I'm really interested in the record industry and the artists and the problems they're having.

We had an era where we wasn't getting paid, before the 'Versace' and all that.