So, streaming music is all the rage these days.
The major costs of a streaming service are the royalties that must be paid. Both songwriting royalties and also the sound recording royalties. These make up more than 50% of revenues at each such streaming service.
So, why not have a streaming service that plays only oldies? Those things that are so far out of date that they attract no royalty payments? One might even arbitrage between the two sets of royalties. Be happy to pay one set of rights on a particular piece, but not the other set. Say, a cover of an old song. Mike Oldfield’s “In Dulce Jubilo” would still attract sound recording rights but not songwriting.
Would be pretty much a minority taste, to be sure, but I would imagine that you could build a pretty good classical and jazz station at least from such.
So, watchcoo think?