The Complexity of the Music Industry

The complaint is ultimately, to some extent it's with the labels, right? Of like the deals that they cut, uh, with the artists individually, you cut the deals with the labels. And so there's all sorts of very complicated dynamics from an industry that for legacy reasons been built up over many decades. The other one is pure optics, right? Oftentimes, even though exactly as you said, we don't pay out per stream. We pay, pay out on a percentage basis, but quite oftentimes what people do is take the number of streams, take the revenue and divide it on a per stream basis. But I think the failure there is like, this is equivalent

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