BBC News
By Mark Savage
image captionEd Sheeran is currently the most-streamed artist in the UK, with his comeback single Bad Habits
The music industry is weighted against artists, with even successful pop stars seeing pitiful returns from streaming, a committee of MPs has said.
They are calling for a complete reset of the market, with musicians given a fair share of the £736.5 million that UK record labels earn from streaming.
In a report, they said royalties should be split 50/50, instead of the current rate, where artists receive about 16%.
The findings came after a six-month inquiry into music streaming. While streaming has brought significant profits to the recorded music industry, the talent behind it - performers, songwriters and composers - are losing out, said Julian Knight, MP, who chairs parliament s Digital, Culture, Media and Sport (DCMS) committee.
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Apple is to send a letter via its Apple Music for Artists app, telling musicians that it wants to detail just how its payments to them work. According to
The Wall Street Journal, The letter is due to be sent today and comes as the UK is investigating how fair all streaming music services are to artists. As the discussion about streaming royalties continues, we believe it is important to share our values, Apple reportedly says in the letter seen by
The Wall Street Journal. said in the letter. We believe in paying every creator the same rate, that a play has a value, and that creators should never have to pay [for music being promoted].
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