STARS ROCK SPO­TIFY

First News - - Big News -

When Spo­tify pay record la­bels for the right to stream songs, they also have to pay the com­pa­nies that pub­lish songs. Pub­lish­ing com­pa­nies look after the rights of who­ever wrote a par­tic­u­lar song, while the record la­bels give money to who­ever per­forms it.

Now, Wixen Mu­sic Pub­lish­ing has claimed that Spo­tify owes them the pub­lish­ing rights for 10,784 of their songs that are avail­able to stream, adding up to a whop­ping £1.2bn!

In a sign of how pop­u­lar stream­ing is, it was also re­vealed this week that sales of al­bums (CD, vinyl and down­load com­bined) have fallen to their low­est level in years, but that an in­crease in stream­ing has more than made up for that drop.

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