ABBA’s Björn Ulvaeus has said a fairer payment model needs to be in place for songwriters.Writing in The Guardian, Ulvaeus said a new royalties model is needed if the industry is to see any kind of “risk-taking” or “creativity” from artists whose writing, he says, is being affected by the pressures of the “dysfunctional” current model.Ulvaeus said: “The dominant currency in streaming is individual songs; data shows that when people use a streaming platform such as Spotify, they search more for songs than they do for artists.
That means songwriters are more important than ever – but, if you are a songwriter, the system is dysfunctional.“…Streaming has changed everything, but songwriters are last in line for streaming royalties: the system.
Read more on nme.com
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