Fairness Rocks News ABBA’s Björn Ulvaeus says music industry places “very little” value on songwriters


Fairness Rocks News ABBA’s Björn Ulvaeus says music industry places “very little” value on songwriters

Home Industry News ABBA’s Björn Ulvaeus says music industry places “very little” value on songwriters

Author: Elizabeth Aubrey

Date: October 1, 2021

Original Source: NME

Industry News

ABBA’s Björn Ulvaeus says music industry places “very little” value on songwriters

Speaking in the context of the ongoing streaming rates for musicians and writers, Ulvaeus said the industry placed little value on songwriters thanks to the low returns streaming brings.

Speaking to Music Week, he added: “If there are 15 of them [songwriters] and one stream pays $000.something, they have to drive a taxi,” he said, joking that songwriting “teams” that are prevalent in the industry now would earn little in the way of royalties.

Read More: https://www.nme.com/news/music/abbas-bjorn-ulvaeus-says-music-industry-places-very-little-value-on-songwriters-3060409