Home > Uncategorized > Fighting for a Straight Count: Does Streaming Accounting Cost More than the Royalties?

Fighting for a Straight Count: Does Streaming Accounting Cost More than the Royalties?

April 24, 2017

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?

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