Quote:
Originally posted by MrDeeds
Source?
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http://www.businessinsider.com/2008/...ot-coming-soon
For instance, he told a London music conference this month, pop star Avril Lavigne, who Terry manages, is going to make a mint: ”There’s about a $2 million cheque waiting for her for all her YouTube plays.”
How's that going to work? We called Terry to ask.
The answer: He's not quite sure.
Here is Terry's basic math: By his count, Avril has already generated some 200 million streams on YouTube. He thinks, but doesn't know, that YouTube is paying out between $0.005 and $0.008 in revenue share each time it streams an officially licensed video. If YouTube is paying out 0.8 cents per stream, it means it is already on the hook for $1.6 million. And Avril will certainly keep cranking out videos, and streams, for some time to come. So there's definitely money there.
So to sum up:
Avril Lavigne's manager thinks she will get some money, some time, from YouTube. That's not as dramatic as the prospect of a $2 million check.
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Basically, he did his own math and said $2 mil is what Avril Lavigne is suppose to get based on his math of $0.008 per stream.
Well, VEVO pays $0.007 in THE YEAR 2011.
Youtube pays $0.003 in THE YEAR 2010.
No way, Youtube would pay $0.008 in 2007-2008.