The music streaming ecosystem stands at a crossroads, warns the Independent Music Companies Association (IMPALA). While global streaming revenues have soared to $22 billion, underpinned by 800 million premium subscribers, this report warns that these headline figures obscure a deepening divide between major rights holders and the independent sector. “Combating the Emergence of a Two-Tier Music Streaming Market” highlights this divide and contains a call to action for music professionals.
Source: IMPALA: Two-Tier Streaming Market Threatens Independent Music