Hope you all know and noticed from Padgies intro - Yorkshire celebrates its'" National " Day today Tuesday 1st August.

Your maths are correct , but in some perverted way , some people do this type of thing in the equally perverse hope that if the Trad song suddenly ( for some strange reason) becomes a hit , then they think they may have some sort of finacial stake in it.
I remember Simon and Garfunkel doing a not too dis-similar thing with Scarborough Fair , but, as they say," Thats another story and so it is " !! Nevertheless - a lot of money involved