Does Long Tail In Music Make Any Money?
Long tail made possible by internet is really good. Anybody can produce anything and reach its community however small that community can be. Any music album will find some audience. However, anybody in that long tail make any money? It appears, a large chunk of it don’t.
A study last year conducted by members of PRS for Music, a nonprofit royalty collection agency, found that of the 13 million songs for sale online last year, 10 million never got a single buyer and 80 percent of all revenue came from about 52,000 songs. That’s less than one percent of the songs.