Quote:
Originally posted by iHype.
According to 2015 Nielsen Report there was 317.2B streams on video and audio services and according to 2015 RIAA Report streams made $1.604B revenue so that means each stream on average is worth $0.005. $0.005 multiplied by 1,500 comes to $7.50 made for every 1,500 streams which isn't far off from the amount an album purchase makes.
The actual number labels make per audio stream is even higher factoring out video streams since they make almost nothing. Billboard's 1,500 audio streams = 1 formula is fine.  |
If they are going to stick with that formula, they should take the time to apply it to old digital classic since a lot of them (Poker Face, Rolling in the Deep, I Gotta Feeling, etc.) are still seeing longevity to this day, especially through streaming. I refuse to live in a world where See You Again and Uptown Funk numerically look like bigger hits than the former.
