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Major labels warn disruption to streaming could diminish UK competitiveness

Major labels warn disruption to streaming could diminish UK competitiveness
pressandjournal.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressandjournal.co.uk Daily Mail and Mail on Sunday newspapers.

Gary Numan: One of my songs got over a million streams - I got £37

Gary Numan has told Sky News he received just £37 for a hit that had been streamed more than a million times, as an inquiry into the economics of digital music services continues.

Streaming designed to benefit biggest music artists, says label boss

Major labels to give evidence in Parliament tomorrow about the economics of streaming

MPs are expected to examine how major labels benefit from platforms like Spotify 18.01.21 Top-level figures from Sony Music, Warner Music and Universal Music face questions tomorrow in the third session of an inquiry into the economics of music streaming. MPs are expected to examine how major labels benefit from streaming and address issues that have led to calls for a review of streaming revenues to benefit a wider range of artists. There will be two panels: the first at 10am features CEO of PRS for Music Andrea Martin and CEO of PPL UK Peter Leathem, while the second at 10:45am will hear evidence from Universal Music UK & Ireland CEO David Joseph, Sony Music UK & Ireland CEO Jason Iley and Warner Music UK CEO Tony Harlow.

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