> So... Spotify's microcents per stream are a joke. If you treat it as analogous, sure, but it's not. Airplay is finite in a way that streams are not. There i

> So... Spotify's microcents per stream are a joke. If you treat it as analogous, sure, but it's not. Airplay is finite in a way that streams are not. There is also a greater cost to get in to that airspace. So it's not surprising those costs cascade down. People frame streaming like this all the time. Streams versus CD sales versus radio play. They're incomparable ecosystems, though. Costs, mechanisms, value ... none of it is 1:1 with the old world.