Is digital music on the wrong track? 2014/09/20, Source,
"The country's hourly minimum wage in 2014 is 5,210 won ($5). For a singer to earn that amount, 965 people have to download their song, or if the listeners are using a streaming service, 43,416 people have to listen to the song. Is there a reason to do music anymore?" Guitarist Shin Dae-cheol, 47, leader of the rock band Sinawi, posed this question about digital downloads to his Facebook in April, sparking a debate on social media. He was referring to the copyright royalties musicians receive from Korea's music download or streaming providers such as Mnet or Melon. And since most listeners no longer purchase physical CDs, Shin may have a point,...More
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