Billy Bragg and Beggars Group Rethink YouTube & Streaming… | MusicAlly

We wonder if this is the future of music and artist revenue streams?

While Wheeler was positive about subscription streaming services, he opened both barrels on YouTube. “If YouTube launches a subscription service and it eats Spotify and Rdio, you’ll look back at these times as great days,” he cautioned. “They want to eat all the other music services and our business. That’s their plan.” He said the record industry was “caught out” in the early days of YouTube and didn’t realise the video site would become so big, initially thinking it was just about licensing music for a video of “a cat on a skateboard and then it became the biggest music service in the world”.

Bragg backed him up by saying, “If you want to talk about artists getting angry about the use of their music, YouTube is the place we should be looking at.”

Wheeler concluded, “We got caught out and that needs addressing. Otherwise they will eat our dinner.”

READ THE FULL STORY AT MUSICALLY:
http://musically.com/2014/04/07/beggars-group-recalibrates-50-streaming-payment-to-artists-and-attacks-youtube/

RELATED:

Exclusive: ‘YouTube Music’ Is Launching This Summer… | Digital Music News

#SXSW REWIND : Venture Capitalist Admits Artists Can Not Make A Living On Streaming Royalties…

What YouTube Really Pays… Makes Spotify Look Good! #sxsw

Beggars said to have contributed more in UK Taxes than Apple, Google, Facebook and Amazon combined. | Telegraph UK

The Government has been “seduced” by technology companies such as Google, and is “cosying up” to them, even though they keep their tax contributions to a minimum, leading music executive Martin Mills has warned.

Mr Mills, who founded Adele’s record label, Beggars Group, claimed his company pays more tax in Britain than Google, Facebook, Apple and Amazon. But he said creative businesses like his receive less support from the Government.

READ THE FULL STORY AT THE TELEGRAPH UK:
http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/9844225/Government-seduced-by-tech-firms-like-Google.html