How a math trick helped one band made 500% more in streaming music royalties

Pitchfork recently reported a game-changing accounting revolution in the music industry:

Under SoundCloud's "fan-powered" royalty model, unveiled in March, a listener's subscription or advertising revenue goes directly to the artists to whom they listen in a given period of time; that's instead of the "pro-rata" model typically used by Spotify and other streaming services where money is pooled and divvied up to rights holders based on their market share.

— Read the rest

from Boing Boing https://ift.tt/3EVaVnq
via IFTTT

Share on Google Plus

About Unknown

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.