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Last.fm makes musicians scrobble for pennies

Posted: July 11th, 2008, by Stan Tontas

Sarky IT news site the Register has an interesting article about Last.fm and independent labels. Apparently the site (now owned by the massive CBS) that used to be cuddly little Audioscrobbler isn’t passing much of anything on to the artists whose music it streams, despite shouting about how cool it is.

Just 10% of advertising revenue goes into the musicians’ pot, not any of the subscription revenue. Maybe it’s that I’m running AdBlock but I don’t remember seeing any adverts on last.fm.

The article continues an amusing analogy between “web2.0” sites and sharecropping, where lots of people do work on a small scale while one big site (i.e. landlord) creams off the revenue. It’s all about the Benjamins, no matter how many beanbags you have in your office…



Stan Tontas

Stan lives in Glasgow.

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