Rates Lowered For Streamed Music In the UK 94
An anonymous reader tips the news that the UK's music collection society, PRS, has announced a new pricing plan it hopes may entice YouTube and Pandora back to the UK market. Pandora pulled out at the start of 2008, and YouTube began removing content from the view of UK users last March. "From 1 July 2009, firms will have to pay 0.085p for each track streamed, down from the previous rate of 0.22p. [The] head of the music streaming service We7 told BBC News he welcomed the new charges. 'It's brilliant. Not so much the rates but the realization by the PRS that things have to change in the digital world. Till now it's felt like they were not listening,' he said. ... 'They [the PRS] are getting in touch with the reality of the digital world.' [The PRS's managing director said] 'We've laid our stall out and listened to everyone who would engage with us. We've consulted with the 25 firms that represent 97% of our revenue over the past six months and have been given opinions from many others. We need to ensure the music artists are paid for their work, but we also wanted to make sure that the framework was in place to enable the digital market to grow.'"
Re:How much do the Artists get? (Score:5, Funny)
Must be "Verizon math." I'd guess p==pounds, not pence as you would expect.
Re:Pandora back in the UK? (Score:3, Funny)
exactly.
Exactly.
We all know that every time you pirate a CD the artist actually loses money. ThePirateBay keep track of it all you see, and they send their findings to the PRS and the RIAA. They then debit money from artist's bank accounts for every pirated copy. You music pirates should be ashamed of yurselves...your taking money away from people like Britney Spears. She needs another mansion dammit!
"...when composers were also performers" (Score:3, Funny)
I remember a day when the composers and songwriters were also the performers.
Must have been a real pain for anyone doing symphonies. >8->
Re:Pandora back in the UK? (Score:2, Funny)
taking money away from people like Britney Spears. She needs another mansion dammit!
No doubt. Though it does make me rather jealous that KFed (to whom she pays a "pittance" of $40,000 a MONTH in alimony) not only got to bang her repeatedly, but now makes only marginally less in a month than I do in a year, solely for having had to "endure" a couple years with her.
The fact that he's dumb as a post makes that jealousy fade a little, but still...
Re:Anyone know what the story with... (Score:3, Funny)
the cake is a lie!