If live streaming is temporarily going to replace the $12 billion dollar touring industry, then a great deal of revenue will be lost to music creators if these platforms fail to license properly. And we have only scratched the surface of where these virtual concert platforms can and will go.oadcasts and ensure songwriters are receiving the royalties they deserve.
Source: Boom in Live Streams Brings Questions About Proper Licensing & Payment of Songwriters (Guest Column)