12-04-2021 22:44 via feedproxy.google.com

Top Music Industry People Weigh In On The State Of Streaming

Senior figures from Spotify, Apple and other streaming services have commended the virtues of streaming, and few in the world of music would dispute that the platforms saved the music industry. Music streaming in the UK now brings in more than £1bn a year in revenue. But the fact remains that artists can be paid as little as 13% of the income generated, receiving as little as £0.002 to about £0.0038 per stream on Spotify and about £0.0059 on Apple Music. – The Guar
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