Has anyone written about the fundamentals of the attention economy having a greater impact on musician payouts than absolute royalty rates?
— J Herskowitz (@jherskowitz) October 14, 2013
I'd estimate that my favorite album in 1992 was played at least 10x the number of times my favorite album of 2012 was played.
— J Herskowitz (@jherskowitz) October 14, 2013
In 1992, that artist was only competing with a dozen or so others for my attention. Today, they are competing with thousands….
— J Herskowitz (@jherskowitz) October 14, 2013
Although my annual spend has increased, my available attention has stayed relatively fixed, spread across many more artists. Less $/artist.
— J Herskowitz (@jherskowitz) October 14, 2013
Actually, I take that back. My available attention has decreased. Now spread across robot dog videos, on-demand TV, Twitter and the web.
— J Herskowitz (@jherskowitz) October 14, 2013
My top played artist of past year has 130 plays from me (out of roughly 10k plays total) during that period. ~1% of my *musical* attention.
— J Herskowitz (@jherskowitz) October 14, 2013
So, the real (not intended to be trolly) question is… how much should a band with a 1% attention share earn from me?
— J Herskowitz (@jherskowitz) October 14, 2013
This is obviously a sample size of 1, and this is meant to be an answer to anything... just a new question to ask.… if $10, then my annual spend on recorded music would need to be $̶1̶0̶,̶0̶0̶0̶ $1,000.
— J Herskowitz (@jherskowitz) October 14, 2013
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