The UK's competition watchdog has found streaming has made the music industry challenging for many artists. The Competition and Markets Authority (CMA) said more than 80% of recorded music was now listened to via streaming, with more than 138 billion streams in the UK last year.MPs had demanded a "complete reset" of the industry, amid "pitiful returns" for artists. They had called for the CMA to look into the power of the major players.
Low earnings report addresses the claim...