
CDM recently posted an article regarding Last.fm's new Artist Royalty Program. Its an interesting read that touches on royalties in Radio, over the WWW and Indie's VS The Man. While this might be a step in the right direction for Indie's and or unsigned artists. The artist still needs to look elsewhere for a great source of revenue. At $0.0005 a play I would need 50,000 plays to get half a thank of gas to drive to my next gig. ;)
You can read the article here:
http://createdigitalmusic.com/2008/07/10/fine-print-what-do-royalty-rates-actually-pay/
photo by minifig: Picture for my Last.fm
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