* Posts by Peet

1 publicly visible post • joined 27 May 2009

Streaming rates cut to lure back YouTube, Pandora


'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.