Someone’s making money, and in true fashion with the music industry, it’s not the artists.
Who's making tons of money from streaming 14 thousand songs over the internet? I can't imagine this brought in a serious amount of revenue for anyone.
Someone’s making money, and in true fashion with the music industry, it’s not the artists.
Who's making tons of money from streaming 14 thousand songs over the internet? I can't imagine this brought in a serious amount of revenue for anyone.
So 14 thousands performance is almost a half million dollar lost of revenue, stolen by those streaming services. Worse, they claim its all moral and legal.
$4 for 14k performances of a streamed song seems totally reasonable to me. If you own the song 100% then charge more.
[1] http://www.computerworld.com/s/article/9215074/RIAA_request_...
We're talking about streaming audio over the internet, though. I don't think one listen of a song brings in $20 in revenue (advertising and subscriber fees).
Of course, if the $30 figure is off, and it was really only $0.30 a performance you're right.