a.s.
Mr. Chainring
Riders demanding bigger prize $ and “appearance” fees? Organizers say take a hike… 😮
Riders demanding bigger prize $ and “appearance” fees? Organizers say take a hike… 😮
Just like the Spotify subscription $ that goes to the actual artist? They’ll see .0000001% of the revenue.From the rider statement, it sounds like this situation has been brewing behind the scenes for quite a while. Unfortunately, it came to a head at this event.
World Cup riders have similar complaints. In theory, WBD is making money off broadcast rights for these events. Some of that money should be going to the competitors. Personally, I would be more apt to spend the money on a Max subscription to watch the World Cup if I knew some of that not insubstantial money was going to the riders.
Just like the Spotify subscription $ that goes to the actual artist? They’ll see .0000001% of the revenue.
Totally off topic but the terrestrial comparison is BS. There is no concept of on demand on the radio.Works a bit differently - royalties are "negotiated" across industry.
If the song plays more than 6 seconds, the rights holder gets paid.
from the internet
In 2023, Spotify paid out $9 billion to music rightsholders, which is 63% of its annual revenue.
Spotify argued that if we listen to the same song, royalty is only owed once - doesn't matter about proximity.
Akin to purchasing a record and having a listening party at @jmanic's house.
Apple music match is different too - I own the rights, I'm just paying apple to house the music in a cloud jukebox for me.
Different from apple music/Amazon music/Pandora/sxm - which is more like Spotify
Cloud players for these services in commercial establishments pay considerably more.
Terrestrial radio (AM/FM) does not pay royalties. Their argument is that nobody would hear the songs if they didn't play them.
Since they don't charge for their broadcast, there should be no cost to them.
I would argue a closer analogy would be the NFL or even F1 where teams get a percentage of broadcast revenue. One reason why making the playoffs is such a big deal: mo' money. And in F1, the better the team finishes at the end of the season, the more money they get.Just like the Spotify subscription $ that goes to the actual artist? They’ll see .0000001% of the revenue.
Sounds like you should be negotiating on behalf of the riders. 😁I would argue a closer analogy would be the NFL or even F1 where teams get a percentage of broadcast revenue. One reason why making the playoffs is such a big deal: mo' money. And in F1, the better the team finishes at the end of the season, the more money they get.
Perhaps... but without knowing the actual figures involved, it's really just speculation. The general lack of open discussion has also been an issue with the WC racers.Sounds like you should be negotiating on behalf of the riders. 😁
All I know is that the women's competition was (not) awesome. It was like watching the amatuer class of men's slopestyle, circa 2001.
You’re going to compare F1 and the NFL to Slopestyle? The first 2 bring in Billions (with a B). The Slopestyle guys were will to settle for the price of a Tacoma. I don’t think there’s that much $ floating aroundI would argue a closer analogy would be the NFL or even F1 where teams get a percentage of broadcast revenue. One reason why making the playoffs is such a big deal: mo' money. And in F1, the better the team finishes at the end of the season, the more money they get.
Of course, we're dealing with a level of money with far fewer zeros, but the general concept is the same. It's a bit of a chicken-egg situation.You’re going to compare F1 and the NFL to Slopestyle? The first 2 bring in Billions (with a B). The Slopestyle guys were will to settle for the price of a Tacoma. I don’t think there’s that much $ floating around