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Art Quote by Jimmy Iovine

“If you're an artist, and you put out a record - most artists only have one or two hit records - that has 100 million streams, on certain services you only get paid on 75% of those streams. How's an artist going to live like that?” quote by Jimmy Iovine
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“If you're an artist, and you put out a record - most artists only have one or two hit records - that has 100 million streams, on certain services you only get paid on 75% of those streams. How's an artist going to live like that?”

Jimmy Iovine

About This Quote

Source Interview: Music Industry Discussion, 2020

Artists earn a fraction of streaming revenue, making sustainable income difficult.

In simple terms: Streaming pays little to artists.

Key Takeaway

Advocate for fairer payment models.

Themes

music industry economics artist livelihood

Mood

frustrated concerned

Type

critical analytical

When to use this quote

  • negotiating contracts
  • independent releases
  • crowdfunding
  • live performances
  • merchandise sales

Key Concepts

royalties digital platforms fair compensation

Questions to Reflect On

  • How can artists diversify income?
  • What policies could improve streaming payouts?
A Different Perspective

Streaming revenue alone may not cover living costs.

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