![]() Artists who have given evidence include Ed O'Brien from Radiohead, Elbow’s Guy Garvey and disco legend Nile Rodgers, while Jimmy Page of Led Zeppelin also published a letter of support. The UK government is now carrying out an inquiry into music streaming, looking at how to make it fairer and if there’s a way musicians and songwriters can get a greater cut. ![]() According to one report, artists earn on average only £0.009 per stream. Music streaming accounts for more than half of the global music industry’s revenue in the UK, bringing in more than £1 billion in the last year.īut while the three major labels – Sony, Universal and Warner – are reporting record high profits, a poll by The Ivors Academy and Musicians’ Union found that eight out of ten music creators earn less than £200 a year from streaming. ![]() If you’re a music lover, chances are you’ll have used streaming services of some kind.
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