How a math trick helped one band made 500% more in streaming music royalties

Pitchfork recently reported a game-changing accounting revolution in the music industry:

Under SoundCloud's 'fan-powered' royalty model, unveiled in March, a listener's subscription or advertising revenue goes directly to the artists to whom they listen in a given period of time; that's instead of the 'pro-rata' model typically used by Spotify and other streaming services where money is pooled and divvied up to rights holders based on their market share. — Read the rest