82 per cent of musicians earn less than £200 a year from streaming.Yesterday (November 8), songwriters including Nile Rodgers gave evidence to a committee inquiry about the economic side of streaming.Rodgers said that before the Covid-19 pandemic, he hadn’t been concerned with the money he was making from streaming, “because my tour revenue has been so substantial that I could support my entire organisation”.After revealing that he was “completely shocked” once he found out his streaming revenue, Rodgers added: “We don’t even know what a stream is worth,” revealing that “there’s no way you can find out.”Fiona Bevan, a songwriter for One Direction, Lewis Capaldi and more, said she earned just £100 from streaming for a song she co-wrote on.
Read more on nme.com
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