New Living Wage for Musicians Act put to US Congress

Source

A New Living Wage Act for Musicians put to US Congress, and the act introduced by Congresswoman Rashida Tlaib and Congressman Jamaal Bowman would pay artists at least $0.01 per stream. The legislation was said to have been created in partnership with the United Musicians and Allied Workers (UMAW) and local and national musicians directly affected by the lack of oversight in the music industry.

Source

Additionally, Rashida Tlaib introduced the Living Wage for Musicians Act on her website, click to read it in full.

In the example given in the article, it is stated that Spotify pays an average of $0.003 per stream to the rights holders of music on its platform. In the example given in the article, it is stated that Spotify pays an average of $0.003 per stream to the rights holders of music on its platform. As outlined in the article, this means artists would need to make more than 800,000 streams per month to equal the earnings of a full-time, $15-per-hour job.

I can say that it surprises me that artists and musicians earn so little per stream. Although $0.003 seems sufficient when we consider very popular and world-renowned artists and musicians, when we consider local and less well-known artists and musicians, $0.003 is really too little. And the people who create the music we love should be earning more, so I think the New Living Wage for Musicians Act is pretty fair. In fact, I think artists and musicians should earn more per stream because streaming platforms earn billions of dollars. Additionally, if there were no artists and musicians, there would be no streaming platforms.

Enjoy the music and stay with Love

Question of the Day : What do you think of the New Living Wage for Musicians Act? If you don't have an answer to this question, You can talk about your favorite song or anything related to music in your comment.

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