Really interesting read on royalties.

I teach a college class on radio and love diving into the royalties discussion with the students and watching when their eyes have that a-ha moment.  “The Great Streaming War” (as I call it in class) continues.  We live in interesting exciting times in audio.

On Spotify, not all songs are created equal; sometimes not even the same song is created equal—at least when it comes to how its creators are compensated.

Source: How the Cash Flows in Spotify Streams – WSJ