Fairness Rocks News Major labels face tough questions and frank criticism at latest Parliamentary session on the economics of streaming


Industry News

Major labels face tough questions and frank criticism at latest Parliamentary session on the economics of streaming

The UK bosses of the three major record companies faced some tough questions and frank criticism when questioned by MPs over the economics of streaming yesterday. Some members of Parliament’s culture select committee suggested that the record industry chiefs were out of touch with the realities faced by most artists, after the Universal, Sony and Warner CEOs insisted that the streaming business – while still very much evolving – is nevertheless functioning well.

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