'Tis the smaller
The PRS rate really is going from 0.22p (£0.0022) to 0.085p (£0.00058) per stream.
However, that is only part of the cost of streaming, as you have to pay the music label too, and they charge ~£0.007 per stream, hence the 'shave 10 per cent from the cost of delivering music legally' bit of Steve's quote.
Biting the hand that feeds IT
