Now, of course, this is way too simplistic; those royalties aren’t split up evenly among artists. Most of them go to the artists whose music gets played the most (like Justin Bieber - sigh). So, in fact, I’d wager that the vast, vast majority of those 70,000 artists got paid way less than $2,298, if they got paid at all. Non-featured musicians (such as session players) get an even smaller slice of the pie.
Crude as this analysis is, though, it helps to crystallize my thinking: I’m on the side of the musicians. They should be paid when their songs are played, whether on terrestrial radio, satellite radio or the internet - and they should be paid the same across these platforms. Most importantly, they shouldn’t be getting paid any less than they are now.
Except for maybe Justin Bieber.
Ha - kidding! I kid the Biebs.