UK Watchdog Shuts Down Allegations Once & For All!
Amid claims that big record labels and music streaming services such as Spotify hold excessive power in the industry, UK Watchdog, the British consumer investigative journalism program, launched an in-depth investigation into the music streaming market to determine whether the claims were true. But it turns out that the system, in large part, is surprisingly fair both to listeners and musicians.
Before initiating their research, the Competition and Markets Authority (CMA) had announced that their main focus will be:
“To assess whether any lack of competition between music companies could affect the musicians, singers, and songwriters whose interests are intertwined with those of music lovers.”
Chief Executive of CMA, Andrea Coscelli said that…To read the full article, click here.