Warner Music Group

Royalties from music streaming services, including Apple Music and Spotify, are weighted unfairly against artists, according to a committee of Members of Parliament in the UK (via BBC News). An investigation by the UK parliament's Digital, Culture, Media and Sport (DCMS) committee into music streaming found that artists see "pitiful returns." The committee called for a "complete reset" of ...

Apple's upcoming revamped music service may be coming at the perfect time, right as revenue from streaming music is beginning to surpass revenue from digital downloads. Streaming music services have been growing in popularity over the last several years, and in an earnings call today (via Re/code), Warner Music Group CEO Stephen Cooper told investors that for the first time, the company earned ...