Penny per stream? That's an awful lot in most countries.
If I stream a record twice I cover my spotify premium fee (US is more expensive than Argentina or India, because people can pay more).
Copyrights create artificial scarcity, if you don't like it, just don't put your music on the platform, you have an effective monopoly.
Most music is not that valuable, prices used to be high due to cartelization of the publishers and because the media was difficult to produce (records, CDs).
Cassettes started changing that, and the internet completely destroyed it. There's no going back. If prices go up, piracy will too, and you'll likely end up making less money.
If I stream a record twice I cover my spotify premium fee (US is more expensive than Argentina or India, because people can pay more).
Copyrights create artificial scarcity, if you don't like it, just don't put your music on the platform, you have an effective monopoly.
Most music is not that valuable, prices used to be high due to cartelization of the publishers and because the media was difficult to produce (records, CDs).
Cassettes started changing that, and the internet completely destroyed it. There's no going back. If prices go up, piracy will too, and you'll likely end up making less money.