In an era that’s so far removed from the monoculture I grew up in, there are artists popping up everywhere.
The Jungle Giants is a band I’ve never heard off but they are an unsigned band that’s racked up 36 million streams on Spotify. Those stats are impressive and way more than band stats on label deals.
It goes to show if you are invested and operating in the modern world, well the skies are the limits. Ask any artist on a label deal to tell you what percentage of profits they’re making and they won’t be able to tell you. Ask any independent artists and they know.
The band is confident for the future of digital music and they know economies of scale. The bigger Spotify gets, the bigger the pool of money grows to start paying artists. As long as the record labels and publishers don’t kill it off with high licensing fees. Because it’s artists like these the labels hate.
“It’s not a perfect world for them (majors) any more… People can do it on their own.”Sam Hales – Jungle Giants Frontman
The labels don’t want artists to do it on their own. The labels don’t want artists controlling their own catalogues. The labels want to control it all. It’s because of this past control, the labels hold the power seat in negotiations. And they can put up roadblocks. If they take over the streaming companies, then bands like Jungle Giants will need to play by the record label rules.
“Every now and then we get something like eight grand, we get cash, and all our streaming revenue goes straight back into the band.”
Sam Hales – Jungle Giants Frontman
It’s hard work controlling your own destiny. With so much freedom, you are free to decide what path to take.
And for those that think Jungle Giants just wrote one song and racked up millions of streams. Think again. Album number 3 just came out. They have skin in the game and momentum.