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RSS FeedsGive songwriters Apple and Spotify shares, says industry boss
(iMore iPhone)


17 february 2021 17:30:36

Give songwriters Apple and Spotify shares, says industry boss
(iMore iPhone)

Investors would need to be convinced of how it could boost share prices... What you need to know One industry boss has suggested platforms like Spotify and Apple Music should offer songwriters shares in their companies as compensation. Josh Gruss of Round Hill says grievances and disparity of income could be better addressed if interests were more closely aligned. A music industry boss has proposed giving shares of streaming companies like Apple and Spotify to songwriters to help address income disparity in the industry. From The Telegraph: Streaming platforms should offer shares to songwriters to address concerns about a mismatch in earnings across the industry, according to a music investment fund boss. Round Hill chief executive Josh Gruss said anger over the disparity between huge revenues for Spotify and Apple Music compared with incomes for many songwriters could be addressed if their interests were more closely aligned. Gruss said that the platforms were `mandat...

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