Get the latest tech news
Music streaming platforms must pay artists more, says EU
The European Parliament says “pre-digital royalty rates” need revising.
The proposition was made to ensure European musical works are accessible and avoid being overshadowed by the “overwhelming amount” of content being continually added to streaming platforms like Spotify. MEPs also called for outdated “pre-digital” royalty rates to be revised, noting that some schemes force performers to accept little to no revenue in exchange for greater exposure. “The Parliament is giving voice to the concerns of European creators, who are at the heart of the music streaming market,” said rapporteur Ibán García del Blanco in the EU press release.
Or read this on The Verge