I'm wondering if there is a mistake in the numbers.
The album has 12 tracks, so if the whole album was streamed 7.7m times at $0.005 per track streamed, the royalty payment would be closer to $400,000
The album has 12 tracks, so if the whole album was streamed 7.7m times at $0.005 per track streamed, the royalty payment would be closer to $400,000
7.7 million * $0.005 = $38,500, which is the right order of magnitude. Then note that it says "less then [sic] half a cent per listen".
Seriously, it is extremely depressing how low editorial standards have fallen.