Re:Pandora and Royalties
by adventured on Wednesday June 26, 2013 @11:34PM
(#5950610)
I don't recall arguing otherwise. I completely agree.
You're making my point. Radio pays out significantly to music rights owners. In my case, about three fold greater than the profits generated since 1990. It's up to the artists to determine the contracts they sign with publishers, and the extent to which they own the rights to their music. That dictates how much they get paid for radio plays.
Did you mean profits of revenues? I don't understand why radio should have profits higher than one of it's largest costs item