Global musicians face the same 'streaming paradox' as US- and UK-based artists, study finds
Why it matters: The report underscores a global economic precarity for musicians relying on streaming for income.
- Musicians worldwide universally agree that streaming platforms are essential for their careers, according to a report from the Oxford Internet Institute and the University of Groningen.
- Most artists also concur that these streaming platforms do not offer sufficient payment, capturing a significant contradiction in the music industry.
- The study specifically identifies this 'streaming paradox' across five countries, including Brazil and Chile, indicating a global rather than localized issue.
A new study reveals that musicians globally, not just in the US and UK, face a universal 'streaming paradox': platforms are crucial for career reach but fail to provide adequate compensation. This contradiction highlights a widespread economic challenge for artists despite the essential role streaming plays in their professional lives.
