This week the Copyright Royalty Board made its initial determination regarding streaming royalty rates, setting minimum payouts. The real question is, "Is Lucien Grainge happy now"?
Spotify is the world’s most popular music streaming service, with over 400 million monthly active users and 172 million premium subscribers1. However, unlike some of its competitors such as Apple Music, Amazon Music Unlimited and YouTube Music, Spotify has not raised its subscription prices in the U.S. for its individual premium plan, which costs $9.99 per month
Jakomi Mathews takes a closer look at the British Phonographic Industry's (BPI) latest study The figures show that major artists are now getting paid less than they were in 2007, despite the industry being worth more than ever before.