maybe not losing money overall, but losing sales, which drops them down the chart, which, in turn, loses more money. Billboard, (via Giz) is reporting that songs that got jacked to $1.29 are seeing significant decrease in sales in just two days of higher prices. At the moment, it appears that the price increases overshadow the loss of sales so there is stil la positive revenue movement for $1.29 songsbut thats just for now. These things often spiral.
It isn't all about music revenue for the artists. They don't always get paid based on sales. For the artists (some of them anyway), its about having a #1 hit or