International Federation of the Phonographic Industry* chief on the state of industry revenues...
Quote:
IFPI chief defends labels' pay outs to artists for streaming | Music Week



'Remuneration has increased as a proportion of record companies' revenues'
As she lays it out, paid subscription streaming is a definite plus, she defends the sometimes large slice of the revenue that labels take as necessary to marketing the music, noting that 70% of unsigned artists want to be on labels, and lays blame for declining revenue on abuse of user-upload services like SoundCloud and Youtube.

Here's a rather different shading on the story that notes that the IFPI's primary villains, Soundcloud and Youtube, are among primary promotional vehicles for many truly independent artists: http://www.completemusicupdate.com/a...al-pie-debate/

*The International Federation of the Phonographic Industry (IFPI) is the organisation that represents the interests of the recording industry worldwide. It is a not-for-profit members' organisation registered in Switzerland. It operates a Secretariat based in London, with regional offices in Brussels, Hong Kong and Miami.