Quote:
Originally Posted by DaneMcCloud
The Performing Rights Organizations collect money of behalf of composers in the United States. BMI, ASCAP and SESAC are all non-profit organizations. They collect money from radio airplay, restaurant, nightclub and gym airplay along with television airplay. They pay out 97% of all revenues collected.
Spotify is a completely different beast. They're For Profit and due to loopholes in our laws, are granted a Compulsory License in which they can choose to pay whatever they want to pay composers and artists. The same goes for iHeartRadio, Pandora, etc.
When Spotify, a company that owns nothing, is valued at more than the entire music business, something is wrong.
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While good information. It still does nothing to address my original point and question. What does an artist get paid for each time a song is played on radio?
So only the song writer gets paid in the US for radio plays. That's horse crap. Still, makes it even more pointless for the whining about streaming royalties.