Question

Suppose the distribution charges the artist a $60.00 cost for distribution and the streaming services pays $5.00 per one thousand streams. How many streams would it take to profit $200,000

Answer 1

Answer:

40,012,000 streams

Step-by-step explanation:

The fixed cost is 60

Anything over that would be profit.

He gets $5 per 1000 streams.

So it would take:

60/5 = 12 (1000 streams) to cover fixed cost

So, 12 * 1000 = 12,000 streams would cover $60

Now, to make the rest, 200,000, profit, it would require:

200,000/5 = 40,000 (1000 streams)

That is:

40,000 * 1000 = 40,000,000 streams for the profit

In total streams needed:

40,000,000 + 12,000 = 40,012,000 streams