“It is time for musicians to take back more control of their music rights and revenues”

The ongoing Covid-19 pandemic has hit the pause button on the ‘live’ global music scene, with many in the industry now turning to new alternative funding streams in keeping their music ambitions and hopes alive.

Although musicians and their teams have suffered heavy losses, government-initiated relief funds for artists around the globe has eased the financial burden on the music industry. In the US, for example, close to $20 million has already been raised for struggling artists. Spotify has also collaborated with several organisations to support the global music community, contributing a collective $10 million in donations, as part of the Spotify Covid-19 Music Relief project.

The need for these relief efforts is indicative of the overwhelming dependence artists have on touring and live shows. Yet, there…

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