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- Some of the UK’s major record labels could go under investigation imminently after the government requested an inquiry into fair pay. Following a lengthy dispute over the disparity between streaming profits for major labels and royalties for artists, which was advocated for by the likes of Nile Rogers and Radiohead, the government are now looking to crack down on the
- The figures reveal that annual UK music subscription streaming revenues grew 15.5% in 2020, with a total spend by consumers of £1.208bn ($1.55bn). (To be clear, this is retail spending, meaning the money received by streaming platforms, rather than the wholesale figure they then paid out to record labels and distributors.)