Pandora Used to Spend 119% Of Revenue on Royalties
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Pandora Used to Spend 119% Of Revenue on Royalties
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Re: Pandora Used to Spend 119% Of Revenue on Royalties
#2Splitting at least 50% with the studios or labels is pretty standard. It's one reason why the Apple 30% app store tax makes no sense for some businesses (ebooks, vod, music).
Re: Pandora Used to Spend 119% Of Revenue on Royalties
#3Facebook used to spend (1/0)% of revenue on hosting.
Re: Pandora Used to Spend 119% Of Revenue on Royalties
#4I wish there was a 'compulsory licensing' for individuals for personal use. Pay a lump sum and then you're obliged to receive a license for downloading whatever you want from whatever source you like. If the MPAA/RIAA goons log your IP address and send you a notice of copyright infringement, slam the license on their face, and politely ask them to fsck off.
Re: Pandora Used to Spend 119% Of Revenue on Royalties
#5Splitting at least 50% with the studios or labels is pretty standard. It's one reason why the Apple 30% app store tax makes no sense for some businesses (ebooks, vod, music).
Or alternatively it's why record label contracts make no sense anymore.
Re: Pandora Used to Spend 119% Of Revenue on Royalties
#6I wish there was a 'compulsory licensing' for individuals for personal use. Pay a lump sum and then you're obliged to receive a license for downloading whatever you want from whatever source you like. If the MPAA/RIAA goons log your IP address and send you a notice of copyright infringement, slam the license on their face, and politely ask them to fsck off.
Would you support the same compulsory licensing for the software you write? Are shareware authors bad people? (I'm trying to push this argument to understand why we need to treat music differently).
Re: Pandora Used to Spend 119% Of Revenue on Royalties
#7I wish there was a 'compulsory licensing' for individuals for personal use. Pay a lump sum and then you're obliged to receive a license for downloading whatever you want from whatever source you like. If the MPAA/RIAA goons log your IP address and send you a notice of copyright infringement, slam the license on their face, and politely ask them to fsck off.
Would you support the same compulsory licensing for the software you write? Are shareware authors bad people? (I'm trying to push this argument to understand why we need to treat music differently).
This really isn't an apt comparison at all. Music has a pretty limited set of uses than can be enumerated and license fees can be assigned to. This would allow for more competition and innovation in the music space if every new service didn't have to spend years upon years negotiating with the record labels.
It would be even better if television and movies also had compulsory licenses. Maybe not for new releases but after a certain amount of time the value of certain types of videos becomes nearly equal.
Re: Pandora Used to Spend 119% Of Revenue on Royalties
#8Content producer makes decent money. Middlemen (aka "Internet companies", HN) freak out. News at 11.
Re: Pandora Used to Spend 119% Of Revenue on Royalties
#9I wish there was a 'compulsory licensing' for individuals for personal use. Pay a lump sum and then you're obliged to receive a license for downloading whatever you want from whatever source you like. If the MPAA/RIAA goons log your IP address and send you a notice of copyright infringement, slam the license on their face, and politely ask them to fsck off.
Although it would complicate matters, I'd prefer the license to be by song or by band or similar. Otherwise they'd either need to track your listening/downloading habits to make payments to artists fair, or else just make the payments on their own metrics (which are always tilted toward the artists most controlled by the labels)
Re: Pandora Used to Spend 119% Of Revenue on Royalties
#10Facebook used to spend (1/0)% of revenue on hosting.
So facebook spent a mathematically undefined amount on hosting? Sounds like something a BigCo would do to get out of paying their hosting bill.