Streaming 'will pay more than downloads', says Metallica manager
Metallica manager Cliff Burnstein has expressed his belief that streaming services will one day provide a better revenue stream than downloads.
Speaking to the New York Times, Burnstein said that there is a point at which streaming services will cannibalise its digital counterpart 100% and “we would make more money through subscription services.”
“We calculate that point at approximately 20 million worldwide subsribers,” Burnstein added.
It’s a figure that was touted by Spotify’s ‘artist in residence’ D.A Wallach in September ...
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