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Not so long ago the music industry was threatened like it had never been before as online piracy tore into the profit margins of record labels the world over. Often hailed as the saviour, Spotify stepped in and offered audiences a new way of enjoying their favourite artists and without the need to illegally download pirated material. Despite this, musical artists are becoming increasingly vocal about how difficult it is to make a living from streaming, all whilst record labels and Spotify are reporting huge profit margins.
This week, Tanya Beckett takes a closer at how online streaming services are affecting the music industry.
By BBC World Service4.6
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Not so long ago the music industry was threatened like it had never been before as online piracy tore into the profit margins of record labels the world over. Often hailed as the saviour, Spotify stepped in and offered audiences a new way of enjoying their favourite artists and without the need to illegally download pirated material. Despite this, musical artists are becoming increasingly vocal about how difficult it is to make a living from streaming, all whilst record labels and Spotify are reporting huge profit margins.
This week, Tanya Beckett takes a closer at how online streaming services are affecting the music industry.

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