Earlier today, the rumor mill milled out a rumor that Clear Channel and Warner Music inked a deal covering royalties related to the performance of sound recordings (aka, Music) on Clear Channel’s radio stations.
As some might expect, the rumored deal terms sent me directly to a calculator, in and effort to value each performance, per listener, on
Clear Channel US terrestrial radio given the rumored deal terms.
The back of the napkin estimate: between $0.00009375 and $0.000107 per performance, per listener. Simplified as: $0.0001 per performance, per listener.