Two fun talks (if you’re into this kind of thing) at Midem in early June.
Our first talk was a presentation of the concept of subscriber share on-demand streaming. Currently, most on-demand streaming services distribute income pro-rata, meaning the total number of streams are divided into the total money to arrive at a single rate. Subscriber share distribution focuses instead on distributing the same amount of total money – but rather than using a generic per stream rate, instead creating an individual rate for each subscriber based on the income for that user divided by the specific tracks streamed for that user in a reporting period (one month). The results are dramatic:
We then spoke to the principals of several seminal independent labels, including Christof Ellinghaus of City Slang, Mark Kitcatt of Everlasting Records, Nuno Suraiva / VP of AMAEI Portugal, and Kees Van Weijen of PIAS/Rough Trade