Streaming has failed “the ‘middle class’ of musicians” – at least according to Hopeless Records founder Louis Posen, who’s calling for major changes to the current pro-rata compensation model. Posen ...

Lee Edwards, partner at Root VC, has a saying at his firm that “pro rata rights are earned, not given.” That may be a bit of a stretch since pro rata refers to a term that VCs put in their term sheets ...

Pro rata ensures equal treatment based on stake or time in financial transactions like mortgages. When shifting insurance mid-plan, pro rata calculations secure partial refunds based on unused ...