Just read this little blurb in a local music rag about Spotify. I'm too lazy to copy verbatim but the gist of it was Century Media (big metal label fyi) pulled most of its music off Spotify because of the abysmal royalty percentages. The example given claims one artist was paid $500 for half a million streams, which breaks down to needing to get played 244 times to equal one 99 cent iTunes download. And then there is the advertising revenue.
Any thoughts? Seems like the old bricks and mortar boss has been replaced by the cloud boss? I know most of us on here are thieves anyway, but I thought it was interesting.