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Honestly, I'm kinda sick of the artists payouts argument. The music industry is incredibly saturated. Like more saturated than anything else we consume daily by far. Having a few million streams sounds really impressive until you realize that the top 1,000 streamed artists all have more than 2 billion streams, and you've probably only even heard of a quarter of them. Some generic singer songwriter dude I went to high school with has a couple million streams, but in the broad scope he's absolutely nobody compared to the big dogs.
It's a competitive field. Physical albums can still sell to collectors, but not like they used to. So if you want to make a living as a band, you have to get creative and find other ways to profit. My personal favorite band realized touring is where they get paid the most, so they do well over 100 gigs a year, all over the world, and they've been doing it for 30 years.
The biggest reason I use Spotify personally is for music discovery. I've discovered countless bands because their algorithm is great and knows what I like. The amount of money I've spent on concert tickets, t-shirts, beers at venues etc all because I heard your song a couple times thanks to an algorithm is lost on folks making the streaming payout argument. If your music is good, it will get me to come see you live. If your live show is good, I'll come back and bring a friend.
Recorded music in my opinion should be an entry point, your argument for why I should come see you instead of the literal 9.8 million other artists on Spotify. Again, it's a competitive ass field. Not to be confused with a 'competitive ass' field which sounds fun.
This argument makes me so mad because you obviously have zero idea how any of it works. The only thing you had right was that it's a competitive and saturated market.
Artists didnt "figure out" touring pays the bills. That is the only way a performing artist can pay the bills. Artists who you would think "oh they made it, and are now setup for life" is just not true. The only ones that are like that are mega ultra pop/rock stars.
I can go on for days but honestly I don't have the bandwidth. Merry Christmas and happy holidays my guy.
And you now even less... do you think the music producers just handed out money to struggling artists back in the day? What do you think is so much worse for artists today?
Dude you don't even know the difference between a producer and a label.
But I do. Not sure what makes you think I don't...
Because you said the producer is the one that pays the artist
You could release an album without a label but not without a producer. Often, the label and the producer were one and the same. The producer absolutely handled the payment, not always.