Reported about 1 month ago
The article explores how Spotify, the largest music streaming platform, distributes revenue generated from its users to artists and rights holders. While streaming accounts for a significant portion of music industry revenue, artists typically receive only a fraction of the money from each stream due to the complexities of the 'streamshare' system, which rewards major labels and popular artists. As a result, many musicians struggle to earn a living from streaming, prompting calls for changes in royalty distribution to ensure fair compensation.
Source: YAHOO