Former NASA Engineer Turned Super Soaker Inventor Just Got Very Rich

Lonnie Johnson's having a good week. The former NASA engineer just won $73 million in a royalties dispute with the toymaker Hasbro for inventing the Super Soaker, the coolest toy you ever had growing up. The lawsuit also covered royalties for Nerf which Johnson also masterminded because he is awesome. » 11/07/13 11:01am 11/07/13 11:01am

Pandora Actually Pays $1,300 for a Million Plays Not 16 Bucks

Math! It can solve a lot of problems. It can be made deliberately fuzzy. It can help us break down complicated things. Like artist music royalties from streaming music stations. When David Lowery revealed that Pandora paid him only $16 for 1 million plays, there was an outrage. But some deeper math reveals that… » 6/26/13 11:12pm 6/26/13 11:12pm

An Artist Got 16 Bucks for a Song That Pandora Streamed a Million Times…

A million of anything is pretty much always an insanely impossible number. Winning a million dollars, having a million Twitter followers, selling a million products—anything done a million times is something to be proud of. But maybe not getting your song streamed on Pandora a million times. All you get sometimes is… » 6/24/13 10:00pm 6/24/13 10:00pm

RIAA Wants to Cut Artist Royalties to 9%, Apple Wants Them at 4%,…

The RIAA always claims that its looking out for the livelihood of artists when it sues the hell out of alleged pirates, but in reality it's really fighting to keep record industry executives rich by defending an outdated and unsustainable business model. While before the PR team at least made an attempt to make it… » 2/05/08 11:00am 2/05/08 11:00am