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Message: <blockquote data-quote="Dannyalcatraz" data-source="post: 9535450" data-attributes="member: 19675">I’ve seen a range of suggestions about shorter copyright durations, but it’s a rare one that pares it down to only pre-1980s levels.  Even that wasn’t short enough.Coupled with people asserting that copyrights should not be transferable is even more hostile to IP creators.One good song generally won’t.  But it may provide you with enough of a cushion to get you through hard times.But if you want truly professional level music, you need to allow musicians to be able to support themselves with their music.  Pros put in practice & performance time like people doing 9-5 office work.If their 1M streams are earning poverty level wages, they’re going to need a second job.  (And their second job might not be cool with their merch or taking 1 month off to tour.)Don’t forget, that is $4M for “the artist”, regardless of whether they’re 100% a solo act or if they’re a large band or musical collective.I decided not to get into the weeds because it can be tedious, but, in all honesty, $1M isn’t as much as most people think it is.Until most state lotteries changed their laws to require a minimalist financial education course before collecting a big win, the average American $5m lottery winner had spent it all within 5-7 years.  This fact got publicized, and it actually caused ticket purchases to decline enough to endanger the viability of lotteries in some states.You see similar patterns with other windfalls- inheritances, judicial awards, etc.Bringing it back to this discussion: of the 1180 million songs on Spotify, 329k of them reach the 1M plays per year (the benchmark for $3-10k revenue).Only something like 830 have topped 1B streams.  830 artists have produced something that will get them a $4M check (before it gets chipped away).In the context of the American economy, that’s really good, but again, not immediate permanent retirement money.  Touring makes both the artist and the label money, but actually, merch is king.</blockquote>

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