Music artists are still making more money from vinyl than Google’s YouTube (GOOG) — Quartz

Musicians hate free music. Big names like Taylor Swift rail against Spotify’s ad-supported tier for not paying artists enough, and the industry’s also getting increasingly angsty about other video-streaming services like YouTube.

The British Phonographic Industry, the trade group representing the UK music industry, has a report out today (May 20) that shows how extreme the payout gap is. According to the BPI’s new market review, British artists—a fairly successful bunch that includes people like Adele, the biggest-selling artist in the world—made only 17% of their money from YouTube and its competitors last year.

What’s more, the number of video streams grew 88% from 2014 to 2015, yet revenue from those streams increased only 0.4%…..

Source: Music artists are still making more money from vinyl than Google’s YouTube (GOOG) — Quartz

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