Today one of the fastest growing markets in the world is Russian. PwC analysts say that in the period up to 2023, the music market here will continue to grow at an average annual rate of 4.9%, and its volume will reach $758 million against $596 million in 2018. “Now only about 5% of the world’s population pays for streaming,” says Victoria Sinyavskaya. “However, in Russia, despite the fact that the market is just emerging, it is growing and developing very quickly.” Victoria Sinyavskaya and Nadezhda Boychevsky also not that the development of markets will lead to a revision of the model of payments to the performers themselves.
Can finally put an end to the figure
While the level of musicians’ income from streaming Indian Phone Number List remains quite low: conditionally, if a Russian artist’s track receives 2 million streams, he will be paid a little more than $1,000. In a global sense, the music streaming modelof the author, and with it, creativity in the traditional sense of the word. Composer Vladimir Martynov points to this: “Streaming services have only complet the great process of the death of the author, which began back in the 1960s of the last century, when the mixing console was creat. Therefore, talking about the author today is simply ridiculous, however, as well as about creativity, which belongs to the author’s narrative.
The author gradual departure from
Of course this does not mean that in the future there will USA CFO be no “top stars”, as well as “loud hits”. The very image of: the main shift is carri out in his position in relation to the audience – from the initially autonomous to the initially dependent. And at the same time, according to Jace Clayton, a publicist and New York DJ, the world of music is also due to the fact that streaming return music itself to its natural state: “What we saw in the 20th century – strictly speaking was abnormal.