UK MPs call for complete reset of music streaming to ensure fair pay for artists

The music industry is weighted against artists, with even successful pop stars seeing “pitiful returns” from streaming, a committee of MPs has said. They are calling for a “complete reset” of the market, with musicians given a “fair share” of the £736.5 million that UK record labels earn from streaming. In a report, they said royalties should be split 50/50, instead of the current rate, where artists receive about 16%.

Source: MPs call for complete reset of music streaming to ensure fair pay for artists

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