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Old 27th June 2019
  #22
Lives for gear
 
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Quote:
Originally Posted by Etch-A-Sketch View Post
So none of that $333.1mil is Songtradr... 100% of it is just a straight pass through. $333mil from streaming of 450,000 unique titles is not out of the realm of possibility. That's roughly $900k per day on average. Universal Music Group makes $6mil per day on average from Spotify. So $900k for a catalog that is exponentially larger isn't that far of a stretch.
Solid thoughts. I think the above is a super stretch, though. Each title is earning $740 a year? That seems absurd. These aren't even middle tier artists a la Kobalt/AWAL. These are no name artists. Something is way off, unless their sync business is outrageously successful.