Music Industry Revenue Quotes

I knew about the music. I got that part but I wanted to know the business, I wanted to know about royalties, how people got paid, producers and stuff like that so I read all those books like twice.

Make music a service that's easy to consume, and there'll be plenty of money for everyone.

Spotify is returning a huge amount of money. We'll overtake iTunes in terms of what we bring to the record industry in under two years.

You know, if a band on a label sold a few hundred thousand copies of their record these days, they wouldn't make any money. But if a band can pump out 10 million copies of a record for free, and 50,000 of those fans come to the band's website to watch pay-per-view videos or buy a t-shirt, that's roughly $10 million in revenue per year.

I knew I could make money from songwriting, so how much and when was not really the question.

We have a problem in the industry, I believe. This whole 'free' issue. The television industry doesn't have it, the movie industry doesn't have it, but the record industry has it.

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.

Even if the music industry simply gave away all their music people would complain that they don't have the bandwidth to download all the stuff - the problem would merely shift from availability to distribution.

The fact is that 'free' in music streaming is so technically good and ubiquitous that it's stunting the growth of paid streaming.

Most artists are making as much money now as they could have made... in the heyday of Def Jam [when the] Beastie Boys would sell 10 million records or DMX would sell 6 or 7 million records. Those records are one thing, but then all the other ways to exploit the emotional relationship between artist and community is so much greater that I would guess that they're making as much or more money than they could have ever made.

I realised that you can never legislate away from piracy. Laws can definitely help, but it doesn't take away the problem. The only way to solve the problem was to create a service that was better than piracy and at the same time compensates the music industry - that gave us Spotify.

The music industry is rolling in cash...

But since I am in the music industry, I don't want anyone to download music, not on September 9th.