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"Slaps" is a funny way to put it. The rates are for anyone, and were up for negotiation; it's not like they would have gone down, given the growth in streaming.
by tfigueroa 11y ago
"Slaps" is a funny way to put it. The rates are for anyone, and were up for negotiation; it's not like they would have gone down, given the growth in streaming.
The market reacted well (eventually) to the slap, in any case.
- Thetawaves 11y agoWhy wouldn't the rates have gone down with growth? A smaller piece of a much bigger pie tends to be more over all.
- cosmie 11y agoBecause streaming isn't the pie, it's just a piece. As streaming cannibalizes other, more profitable, pieces of the revenue pie, the copyright holders want a larger share of the streaming portion to offset those loses.