R.E.M.’s Michael Stipe Decides He Wants to Make Money, Skips Spotify, Apple Music, Other Streaming Services on His New Single | Digital Music News
Michael Stipe’s “Your Capricious Soul” is available exclusively on Stipe’s website for a suggested $0.77.
After a long creative hiatus, Michael Stipe has released his first song since R.E.M. broke up in 2011. The new single, “Your Capricious Soul,” is currently available only at Stipe’s website, MichaelStipe.com.
Stipe has been playing the song at recent concerts, and it costs $0.77 (or a donation of your choice) to download it, with all proceeds going to the climate activist group Extinction Rebellion. Eventually, at some unnamed time, listeners will further be able to stream the song on popular music streaming services as well — just not yet.
It’s unclear how much money the download will generate, though the amount will easily eclipse streaming services. On platforms like Spotify and Apple Music, the song would probably generate a pittance for Stipe and his charitable cause. Even worse, streaming platforms don’t directly account for song listens, instead apportioning royalties based on complex formulas involving millions of songs, users, subscription fees, and advertiser totals.
Additionally, Stipe released a music video accompanying the song, which was directed by Sam Taylor-Johnson and was included in the price of the song. Also included in the price is the following:
- A lyric document written by Stipe
- A print-ready poster
- An animated flipbook
It’s worth noting that platforms like Spotify don’t (or can’t) offer extras alongside streams. The closest example of this type of bundle from a major platform would be the iTunes Store, which is now practically dead.
Read the whole article at Digital Music News