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September 26, 2021 01:02 pm GMT
Original Link: https://boingboing.net/2021/09/26/how-a-math-trick-helped-one-band-made-500-more-in-streaming-music-royalties.html?utm_source=rss&utm_medium=rss&utm_c
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:
— Read the restUnder 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.
Original Link: https://boingboing.net/2021/09/26/how-a-math-trick-helped-one-band-made-500-more-in-streaming-music-royalties.html?utm_source=rss&utm_medium=rss&utm_c
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