When you drill down on exactly what goes into tracking and accounting for songs and recordings on streaming services one thing becomes apparent: No matter how much you automate, those systems are expensive and the royalties are minuscule. This is in large part because of the revenue share method of royalty payments that creates a vastly more complex accounting world than a simple per-use penny rate would require. It’s time to make that change to simplify the reporting so that the transaction cost of accounting does not exceed the royalty paid.
via @musictechsolve: Does Streaming Accounting Cost More than the Royalties?
[from http://ift.tt/2llz3cO]
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