Another interesting tidbit is that if it was a patent rather than a copyright, the rights would have expired 3 years ago. I spent far longer than 15 minutes just talking to the patent attorney the last time I filed a patent.
Oh, and also, be a beautiful woman in her mid-twenties.
That said, holiday albums are just a ploy to net royalties in perpetuity-- you're guaranteed airtime and income once a year for as long as Christmas and copyright law exist. Nobody should expect to be making bank on long-tail efforts.
Mariah Carey is incredibly talented musician who dedicated her entire life to music. If she made a chart topping song in 15minutes, that just shows how good of a musician she (and her team) is.
It's possible most artists are getting screwed, but the example given doesn't show that at all.
The real takeaway from this example should be how broken the copyright system is. It's disgusting that somebody can still milk out $92k a day for work they did 24 years ago.
Note that they don't make any claim about spotify's margins or profits here. It's a submarine article to demand they raise prices (and pass the increase on to the labels).
The music industry is very, very top heavy when it comes to income distribution.
That’s not that much in terms of plays. Everybody wants to be a millionaire artist, but the economics don’t support that.
I finished paying off my toyota camry a couple years ago. It took 5 freaking years.
Perhaps it might be worth considering that this signals a model that could be re-thought to the benefit of the artist?
A 10 minutes video (of amateur level) involves something like:
* 6 hour of preparation: We have to select the topic and the exercise. And also thinking how to split the solution in the blackboard.
* 2 hours x 3 persons for recording: One person for the writing, one for the voice and me. We retake each step many times, and we discuss before and after each take.
* 6 hour of editing: Fix the sound (volume, big background noise, try to fix errors). Fix the writing (typos, recolor part of the writing, move some text). Also, change the speed of some parts, because sometimes writing is boring, but remember to resynchronize the voice.
(Some videos are easier and involve less time, some are more difficult and need more time to be finished.)
After all the preparation and edition (I hope) it looks very natural and it's very difficult to realize how much time it involves. But it is not at all at a profesional level.
So a 3 minutes song is not created in 3 minutes.