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The CMA found that music prices have fallen by 20% as a result of competition. While it did find that major artists got the most money, that seemed to be as a r
by badwolf 4y ago
The CMA found that music prices have fallen by 20% as a result of competition. While it did find that major artists got the most money, that seemed to be as a result of 60% of streams coming from the top 0.4% of artists. The CMA found no evidence of excess profits. And average royalty rates have risen for artists from 19.7% in 2012 to 23.3% in 2021 and for writers from 8% ion 2008 to 15% in 2021.
https://www.gov.uk/cma-cases/music-and-streaming-market-study https://www.gov.uk/cma-cases/music-and-streaming-market-stud...
Commentary from Daily Tech News Show: https://dailytechnewsshow.com/2022/11/29/gift-guide-for-a-smarter-home-dtns-4404/ https://dailytechnewsshow.com/2022/11/29/gift-guide-for-a-sm...