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IMPALA warns of streaming inequality as platforms favour scale over diversity
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IMPALA warns of streaming inequality as platforms favour scale over diversity
The Independent Music Companies Association (IMPALA), in Europe, has sounded the alarm over growing inequality in the global music streaming market. In a new report titled Combating the Emergence of a Two-Tier Music Streaming Market, the group warns that recent industry developments are favouring major rights holders at the expense of independent labels and artists, despite global streaming revenues surpassing $22 billion, driven by over 800 mil…
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