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by k-mcgrady 4998 days ago
Sorry, that's not what I meant. I meant that the record companies ask for enough money that the company can stay in business but so much that they make a big profit.

Personally I think the amount artists get paid by streaming services is wrong. $0.003 and even less per stream is what I've seen but we also must remember that artists signed to the major labels get paid a much higher cut due to deals they make with the streaming services. I think the services would work best if artists/labels could opt-in and the price per stream was fixed for all artists ($0.02 per play seems fair to me).