Online streaming services such as Spotify and Napster are to get their own Official Chart, with this week’s launch being described as a ‘real coming of age moment’ for the sites.
U2‘s manager Paul McGuinness has said online music streaming services ‘should be encouraged’, but also admitted artists are yet to be convinced by the medium as they do not foresee any financial benefits.
It is always hard to believe that the Internet is less than 20 years in the popular domain. Throughout its short life it has been continually adopting a new and unpredictable guise and no one really needs to be told how it has revolutionized the music industry. Judging by the …
The British Academy of Songwriters, Composers and Authors (BASCA) has criticised the deals made by record labels to allow their music to be streamed on streaming services such as Spotify, saying they generate only a small amount of revenue for artists.