By Eliot Van Buskirk of Evolver.fm. Are you in a band? You should probably make sure Shazam has your music in its system, because according to the company’s figures, it generates one out of every ten digital song sales on the planet.
A software called Audiam was developed to work with YouTube, to pay the respective revenue to artists which work were used without permission. This allows artists to work around piracy, and still have some profits.
"Paid downloads, the songs people pay for individually the way they do with CDs, have officially stopped their ascent. According to Nielsen SoundScan data, digital song sales dropped 2.3 percent over the first half of 2013 over the same period last year. In terms of the straight numbers, music fans purchased 698 million song downloads in the first six months of last year, and only 682.2 million this year."
Paid music downloads are dropping because of streaming services. This is causing artists to lose earnings on their work, so it feels like songs aren't owned by the artist anymore, which is clearly harmful for the artists' careers.
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