If you put and ad on Youtube and want a million people to watch it, you probably have to pay ... $1000? $10,000? $100,000? I dunno. But I know you will not receive money for it.
The question is: Is a song a product or an advertisement?
I tend to think it is an advertisement. Every young musician dreams of becoming a star. Not so much to pay their bills but for the fame.
I think the free market prices things right. You cannot demand people to pay for watching your advertisements.
Nonetheless, I wish artists would put their output on their own websites. This centralization in giant silos where people consume music mindlessly and get showered with additional ads devalues their art even further.
> I think the free market prices things right. You cannot demand people to pay for watching your advertisements.
I think you are getting confused between 'the free market' and 'free as in beer'. You can get people to pay for listening to music, that is a very well established business model.
None the less there is a question of whether the record labels and streaming companies are using their near monopolies to extract more from artists than they could in a competitive market.
The question is: Is a song a product or an advertisement?
I tend to think it is an advertisement. Every young musician dreams of becoming a star. Not so much to pay their bills but for the fame.
I think the free market prices things right. You cannot demand people to pay for watching your advertisements.
Nonetheless, I wish artists would put their output on their own websites. This centralization in giant silos where people consume music mindlessly and get showered with additional ads devalues their art even further.