The coronavirus crisis has made it clear that artists receive “pretty horrific” sums of money from streams of their music, Gomez singer Tom Gray has said. MPs are looking into how the streaming model has affected artists and record labels, following increased scrutiny prompted by the Covid-19 pandemic. Tune in to our first session on 'The Economics of Music Streaming'. Mr Frederikse said many musicians feel they had not benefited from the shift to digital streaming, despite it reducing the costs of their record labels. Gray added that a number of independent record labels are brokering “more ethical” deals with their artists.

Source: Irish Independent November 24, 2020 11:15 UTC