Streaming has failed “the ‘middle class’ of musicians” – at least according to Hopeless Records founder Louis Posen, who’s calling for major changes to the current pro-rata compensation model. Posen took aim at streaming’s shortcomings – and floated an interesting solution – in a blog post entitled “The Digital Paradox.” Technically, said post was attributed to the Organization for Recorded Culture and Arts (ORCA), an indie advocacy group that counts Hopeless as a founding supporter.
Source: Indie Label Owner Says Streaming Has Failed ‘The Middle Class of Musicians’