An interesting note in a The New Yorker article, "Who Owns the Internet?/What Big Tech’s monopoly powers mean for our culture," by Elizabeth Kolbert:
Consider the case of Levon Helm. He was the drummer for the Band, and, though he never got rich off his music, well into middle age he was supported by royalties. In 1999, he was diagnosed with throat cancer. That same year, Napster came along, followed by YouTube, in 2005. Helm’s royalty income, which had run to about a hundred thousand dollars a year... dropped “to almost nothing.” When Helm died, in 2012, millions of people were still listening to the Band’s music, but hardly any of them were paying for it. (In the years between the founding of Napster and Helm’s death, total consumer spending on recorded music in the United States dropped by roughly seventy per cent.) Friends had to stage a benefit for Helm’s widow so that she could hold on to their house....
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