The Music Industry’s New War Is About So Much More Than Copyright

While global music consumption is at an all-time high — and YouTube is the number one source of music streams, boasting more listeners than Spotify and Apple Music combined — only a small amount of the revenue generated by that consumption is passed along to artists and musicians, according to the letter. The artists’ share is allegedly dwarfed by the “huge profits” earned by the platform. According to the Recording Industry Association of America, YouTube saw a more than 100% increase in the number of video plays last year, while revenue sent to U.S. artists only saw a 17% increase.

Source: Fast Company