Submission + - As Music Streaming Grows, Royalties Slow to a Trickle (nytimes.com) 1
concealment writes: "From 78 r.p.m. records to the age of iTunes, artists’ record royalties have been counted as a percentage of a sale price. On a 99-cent download, a typical artist may earn 7 to 10 cents after deductions for the retailer, the record company and the songwriter, music executives say. One industry joke calls the flow of these royalties a “river of nickels.”
In the new economics of streaming music, however, the river of nickels looks more like a torrent of micropennies."
In the new economics of streaming music, however, the river of nickels looks more like a torrent of micropennies."