The U.K.’s three biggest record label heads put on a united front at a Parliamentary probe into the streaming business on Tuesday (Jan. 19), denying artist claims that music streaming payouts are unfairly weighted in labels’ favor. The label executives stressed the importance of protecting artists’ interests and maximizing revenue for all parties.
Source: Major Labels Scrutinized in UK Streaming Probe: ‘You’re Living in Cloud Cuckoo Land’