Matt and Eddie are moving out of their comfort zone this week to talk about the recent changes to royalties that have been put in place for internet radio services.
Matt gets nerdy and pulls out Pandora's annual statement and examines how this popular (and publically traded) internet radio service makes and spends their money.
The guys also work through who's benefiting from streaming music sites. They look through how music royalties pay musicians and the teams behind them.
Eddie helps us better understand how internet radio companies' margins compare to restaurants' and other more typical businesses. (Hint - they're just about the inverse of each other.)
Learn more here about the recent change in royalties that free internet radio services have to pay starting in 2016.