Beliebing in streaming

The economics of streaming look quite different from those of earlier music formats. On-demand streaming services pay a record label about three-tenths of a cent each time one of its songs is played, and online-radio services even less (see chart). But music fans may play a favourite tune dozens, maybe hundreds of times, so those fractions of pennies can add up. Streaming subscribers pay around $120 a year, which is more than double what the average American music consumer spends. - The Economist

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