Sunday, 26 September 2021

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.

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