しかし、数十年後、中国人はついに米国人に向かって言う。「さあ、あなた方の債務と引き換えに、我々にモノを提供してもらいたい」と。すると米国のキリギリスは笑い、すぐさま債務の価値を引き下げた。アリは自分たちの蓄えの価値を失い、一部のアリは飢え死にするに至る。
この物語の教訓は何か？ 永続的な富を蓄えたいのであれば、キリギリスにカネを貸すな、ということだ。
By Martin Wolf Financial Times,
Who makes money out of Spotify?
Oh dearie me. Royalties aren’t that difficult to understand. Right, Spotify is classed as being analagous to radio (that’s the way the industry sees it. That’s why the royalty rates are agreed with the Performing Rights Society etc). So, there is not mechanical copyright paid on either radio or Spotify. That is, the band and the musicians get nothing for their particular version of a song being played. The record company doesn’t get anything from radio either. It’s the songwriter(s) who do. They may be sharing that with the song publishing arm of the record comapny, true, but that’s to aid in collecting the money from all of the different PRS peeps around the world. So, how much does Radio 1 say pay for a playing of a song? My numbers are a few years out of date but £45 is what it used to be (£35 for local and regional stations). Lady Gaga get played on the RI Breakfast Show….well, they only give weekly figures, not daily, and weekly seems to be about 7 million. So, at minimum, we’ll say one play equals 1 million listeners (7million divided by 7 days….no, I know this isn’t correct). So 1 million listeners gets £45. To be split between all of the people who wrote the song. That particular song mentioned has two writers, Gaga herself and one other. £22.50 each. $167 is, around and about, £100. So Spotify’s payments to Gaga are some four to five times what radio’s would be. That doesn’t seem like a bad deal to me at all.
