SPOTIFY GLOBAL HEAD: STREAMING SERVICES AREN’T PAYING ARTISTS ENOUGH

Spotify’s Troy Carter, who serves as the streaming platforms’ global head of creator services, recently conceded that artists aren’t being paid enough by streaming services. The revelation occurred yesterday during the Music Biz Convention in Nashville, TN.

Spotify lost a £117 millions

Despite surpassing €1 billion in revenue for the first time, Spotify’s losses in 2014 were almost double of those the year before.