Thread: Music Quiz: how much money has Stairway to Heaven made in royalty payments?
View Single Post
Old 06-16-2016, 03:44 PM   #61
DaneMcCloud DaneMcCloud is offline
Supporter
 
DaneMcCloud's Avatar
 

Join Date: Sep 2000
Location: Hollywood, CA
Casino cash: $10053648
Quote:
Originally Posted by lawrenceRaider View Post
Kind of makes the whining about streaming seem a bit ignorant.
The reason why it's not ignorant is that BMI, SESAC, ASCAP, PRS, etc. are all non-profit organizations. Sure, their employees are well paid, as is their CEO.

The streaming companies only payout approximately 20% of their revenues, whereas the PRO's here and abroad payout over 97% of money collected.

Big difference.
Posts: 88,960
DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.
     Reply With Quote