Sadly, as Tim Worstall explains, it probably can’t be done:
It’s that time of year for the ritual complaints about Spotify. Woes, musicians can’t get any money.
The reason for this is that we out here, the Great Unwashed, value recorded music at something just above toss. Therefore musicians get paid, on average, just above toss. And there we have it, there’s the whole and the complete of the thing.
Spotify is trumpeting big paydays for artists – but only a tiny fraction of them are actually thriving
Yep.
$10bn is a hefty number, but it needs to be closely examined. This money, around two-thirds of its total income, is what Spotify has paid through to record labels and music publishers. Spotify cannot be held responsible for egregious label and publisher contracts, but it needs reiterating that only a portion of that $10bn will make its way to the people who wrote and recorded the music.
The company also says this $10bn is “more than any single retailer has ever paid in a year” and is “10x the contribution of the largest record store at the height of the CD era”. That may be true, but it says less about Spotify’s benevolence and more about how streaming’s market share has mostly consolidated into the hands of four global heavyweights – Spotify, Apple, YouTube and Amazon.
Only one part of that has any relevance. The $10 billion and the 2/3rds.
Obviously there are costs to running a company. To running the servers which hold near all of all recorded music. Of being able to get that out onto the internet.
The $10 billion (OK, 15) is about what people think music is worth to them.
[…]
The reason your really important socially relevant indie band is touring the upper peninsula, still after all these years, the bogs are your changing room and the only rider you’ve been able to achieve is access to tap water, is that the general public values your output at some fraction above toss. Therefore you earn that fraction above toss.
Really, that’s it. It’s not capitalism it’s general public indifference. Really, folk just don’t care.