{"id":612,"date":"2013-08-24T19:48:52","date_gmt":"2013-08-24T19:48:52","guid":{"rendered":"http:\/\/ashleyjsaunders.com\/wp-blog\/?p=612"},"modified":"2022-06-21T09:27:58","modified_gmt":"2022-06-21T09:27:58","slug":"get-lucky-daft-punk-did","status":"publish","type":"post","link":"https:\/\/www.ashleyjsaunders.com\/blog\/get-lucky-daft-punk-did\/","title":{"rendered":"Get Lucky – Daft Punk Did"},"content":{"rendered":"

With over 100m plays only Spotify alone (correct 21 Aug. 2013<\/a>), Daft Punk really have got lucky (pardon the pun!) with their song. You’ve probably heard Daft Punk Get Lucky a thousand times by now.<\/span><\/p>\n

 <\/p>\n

Not only does this make “Get Lucky” the biggest and fastest selling song of 2013 but it means that they should be making millions?!<\/p>\n

 <\/p>\n

 <\/p>\n

Not so fast!<\/h2>\n

Just like I talked about before in “Does streaming services help the music industry?<\/a>“, the royalty rate is currently around $5,000 [\u00a33,210] per million plays <\/span>(source: NY Times<\/a>). So for 100 million plays<\/strong>, they will have grossed\u00a0Daft Punk $500,000 [\u00a3321,000]<\/strong>.<\/p>\n

 <\/p>\n

Now we have to deduct 10%<\/strong> for publishing (it\u2019s actually 20% but they’ll get 50% of that back as they are the songwriters! so we’ll count it as 10%).<\/p>\n

 <\/p>\n

If we now deduct 50%<\/strong> that the record labels get and the 10%<\/strong> that management will take.<\/p>\n

 <\/p>\n

We are left with 30%<\/strong>. If we add back in the 10% that they will recoup from the publisher we have 40%<\/strong>. There are 4 people involved, so they each get 10% or $50,000 [\u00a332,100]<\/span> – which is not bad for a few days\u2019 work – but its terrible for 100 million plays<\/span> – I\u2019ll write that number out for you it’s 100,000,000<\/strong>.<\/p>\n

 <\/p>\n

[These numbers are a rough idea based on the published Spotify royalty rate plus my own knowledge of publishing]<\/i><\/p>\n

 <\/p>\n

 <\/p>\n

Shocked?<\/h2>\n

Well that’s what the “big boys” are making from ONE track. Now, how do you feel about your chances as an indy artist now? Not so great are they?<\/p>\n

 <\/p>\n

 <\/p>\n

What about you<\/h2>\n

With Spotify and Pandora threatening to slash these royalty rates to virtually nothing, it\u2019s time to get back to building your tribe, seeing online streaming as a loss leader in order to get people to your gig and buying CD\u2019s which you can make a sizable profit on.<\/p>\n

 <\/p>\n

I\u2019d encourage you to go see some local artists, buy their CDs, T-shirts and other wearable items and then tell a friend. If you do that, you\u2019re be helping an indy artist<\/a> carry on doing what they love doing.<\/p>\n","protected":false},"excerpt":{"rendered":"

With over 100m plays only Spotify alone, Daft Punk really have got lucky! Get Lucky is the biggest and fastest selling song of 2013!<\/a><\/p>\n","protected":false},"author":1,"featured_media":2664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[387],"tags":[],"class_list":["post-612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-music-business"],"_links":{"self":[{"href":"https:\/\/www.ashleyjsaunders.com\/blog\/wp-json\/wp\/v2\/posts\/612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ashleyjsaunders.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ashleyjsaunders.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ashleyjsaunders.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ashleyjsaunders.com\/blog\/wp-json\/wp\/v2\/comments?post=612"}],"version-history":[{"count":0,"href":"https:\/\/www.ashleyjsaunders.com\/blog\/wp-json\/wp\/v2\/posts\/612\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ashleyjsaunders.com\/blog\/wp-json\/wp\/v2\/media\/2664"}],"wp:attachment":[{"href":"https:\/\/www.ashleyjsaunders.com\/blog\/wp-json\/wp\/v2\/media?parent=612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ashleyjsaunders.com\/blog\/wp-json\/wp\/v2\/categories?post=612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ashleyjsaunders.com\/blog\/wp-json\/wp\/v2\/tags?post=612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}