In a tweet Saturday, Irving Azoff called into question Lyor Cohen’s claims in a recent Bloomberg article that YouTube provides a musical path to wealth. Cohen says he has a sales pitch for artists, managers and label bosses: “We’re going to make you rich and famous.” Irving isn’t buying it, turning attention to Jordan Bromley’s chart on the ins and outs of streaming revenue.
Lyor,
— Irving Azoff (@irvingazoff) January 5, 2018
FICTION: You didn’t get rich from $.001 per stream. https://t.co/Ps8XsBJde7
FACT: The fair rate is paid by Apple and Spotify. Just ask Jordan: https://t.co/jaUv99Dt43
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