“Key moment for the music industry” as UK Government eyes investigation into major record labels’ dominance
The UK Government have responded to a parliamentary inquiry into the economics of music streaming, and major recording labels and playlist curators are under fire.
Streaming services take a cut from your subscription cost, but how much?
The UK-based organisation has announced a record breaking £699.4 million was paid to songwriters and composers in royalties during 2020.
Over 150 British musicians including Sting, Robert Plant and Kate Bush have signed a letter to the Prime Minister campaigning to change the streaming model.
The three music streaming companies showed willingness to discuss new changes to benefit artists, when questioned at the UK government’s inquiry into the economics of music streaming.
CEOs of Universal, Sony and Warner dodged MP’s questions about artists’ royalties and offered unexpected Harry Potter analogies instead.
The second session of the UK government’s inquiry into the economics of music streaming took place last week, and this time Chic guitarist Nile Rodgers was among those giving evidence.
Image Credit: Artem Bryzgalov Indie rock singer Nadine Shah has been praised for her bravery as she very publicly described struggling to make a living from music streaming, even as a Mercury-nominated musician. Giving evidence…
How much a single play earns on music streaming services depends on a great deal. Here’s a rough guide to streaming royalties in 2020. A single stream of a track can be worth a very…