"In the new economics of streaming music, however, the river of nickels looks more like a torrent of micropennies.Streaming Shakes Up Music Industry’s Model for Royalties - NYTimes.com
Spotify, Pandora and others like them pay fractions of a cent to record companies and publishers each time a song is played, some portion of which goes to performers and songwriters as royalties. Unlike the royalties from a sale, these payments accrue every time a listener clicks on a song, year after year.
The question dogging the music industry is whether these micropayments can add up to anything substantial."
Tuesday, January 29, 2013
Streaming Shakes Up Music Industry’s Model for Royalties - NYTimes.com
A stark streaming snapshot