economics of music streaming today (January 19).It comes after musicians such as Radiohead’s Ed O’Brien, Elbow’s Guy Garvey and Nadine Shah warned MPs that unfair streaming payments were “threatening the future of music” during the first hearing in November.Peter Leathem, the CEO of music copyright collective PPL, said that musicians at the start of their careers have “got the last 50 years of the music industry to compete with” on digital platforms such as Spotify and Apple Music.“Ultimately, you’ve got some of the most talented people in our society [who] are struggling to make a living,” he continued (via the BBC).Leathem explained that “everyone is fighting” for a share of a “smaller pie” due to increasing competition for consumers’.
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