Axl's 10 cent royalty cheque / what the hell are live performance royalties? / grappling with math

In this episode I mean to talk about this summers festival season but get sidetracked by the much more interesting/boring discussion depending on your like/dislike of someone grappling with first grade math for 35 minutes as I attempt to get into what the hell live performance royalties are, does anyone ever make any and if you are a covers band....do you need permission and who gets the live mechanicals.....warning, dumb maths incoming
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