^^^This is a big deal. <bump>
"This means that all internet broadcasters that qualified for revenue-based royalties in 2015 will now have to pay based upon the number of performances. This is calculated based upon the number of tracks played multiplied by the number of listeners to each track, which is then multiplied by the rate of $.0017 per performance.
So, if a station averages Just 100 listeners at any given time and plays an average of 15 tracks an hour, then it has 1500 performances an hour, 36,000 per day, and 13,140,000 performances a year. This adds up to a royalty of $22,338 a year." 1,000 listeners and you're pushing over $200,000/yr. in Performance royalties alone paid to SoundExchange. Compared to $2,000 - $30,000 under the SWA. Small and mid-sized webcasters are in trouble. Goodbye diversity, hello top chart radio.
