This could get interesting. Digital Music News reports “The Xbox Music streaming service is venturing into iOS and Android platforms, as well as free internet streaming, with newly adorned with apps and features. The Web service will provide on-demand access to 30 million songs, with an ad-free subscription or ad-supported free use.”
What makes this even more interesting is that Microsoft appears to be paying more than any other streaming service that we know of (we don’t know what Itunes Radio is paying yet).
Faza at The Cynical Musician wrote this:
Since this is streaming money, there’s not a lot of it, but the rate is absolutely astounding: the latest statement pegs a stream at 3.6 cents. Yep, you read that right: several cents a pop. Traditionally, I’ll do a quick stream-to-download calculation which works out at 18 XBox Music streams to one iTunes download (both numbers for songs to which we own the entirety of rights, making CD Baby the only middle-man – they take a commission of 9% I believe).
It’s a sign of the times when we get excited by a per stream rate of 3.6 cents…