p2pnet news | Music:- Here’s an interesting Reader’s Write on the possibility that Yahoo and AOL may give up the ghost as far as online radio is concerned.

“Since the internet radio (and terrestrial radio) are just ‘distributing and promoting’, the RIAA’s ‘product’, much like the RIAA is doing for it’s ‘content providers’, why don’t the radio stations get to have a deal similar to what the RIAA has with it’s ‘content provider’?” – it asks, going on:

I mean I keep reading about how $0.50 from a $15 album goes to the artist ($20 if it’s ‘older stock’). So why doesn’t the RIAA get paid 0.5/15 of the profit from a song. There are ~30412800 seconds in a year. So for a 3minute song (180 seconds), that would be 180/30412800* 0.5/15 = 1/5068800*income (hmm gross or net?)

(Someone check my math, eh).

So for the 0.11 to stand, the radio company would have to make 557,568 in those 3 minutes.

Ok. I know I went to the extremes a little bit. Let’s go the other extreme. We’d have to reduce the time to actual play time (i.e. say radio is 1/3 music 2/3 talk/commercials), and the $0.50/$15 may have changed (hahahaha, damn that’s funny).

Let’s assume $1/$15 is paid to the ‘content provider’ and use the 1/3 music to calculate the payout. 30412800 becomes 10137600 and we have 180/10137600*1/15 = 1/844800 and for it to be 0.11 per song, it’d need to be

Using this and the $0.11 per song the radio station would need to make, $92,928 in 3 minutes.

Hey, if it’s fair for the RIAA to do it to the ‘content providers’ (the artists), is it not fair for the radio stations to do it to their ‘content providers’ (the RIAA)?

Good one

Slashdot it!

Also See:
give up the ghost – Will Yahoo, AOL, drop online radio?, November 29, 2007

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This entry was posted on Thursday, November 29th, 2007 at 12:18 pm and is filed under Music, Radio. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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