What's the Cost of Music Licenses?

According to a piece from tricordist, which is a music industry site, pelaton pays out three point one cents every time that you are on a ride and hear a song. That number should actually sound pretty high to you, because that's meaningfully larger than what we talk about on the tailor swift episode per stream. So if you're on the bike subscription, that's like 23 % of your subscription that you're paying to palatine goes immediately to the labels. And people don't ride every day, but i think people ride about 20 days, or they use the product about 20 times per month. But let's say you wride every day, and assume there