Indeed-- the way forward would instead be regulation to weaken the record labels hold on licensing rights: basically, if they license music X to streaming service A, any other reasonable competing service must be allowed to license the same piece of music for the same price. This would open for real competition in the space in a way that doesn’t necessaily drive down license fees.
Indeed-- the way forward would instead be regulation to weaken the record labels hold on licensing rights: basically, if they license music X to streaming service A, any other reasonable competing service must be allowed to license the same piece of music for the same price. This would open for real competition in the space in a way that doesn’t necessaily drive down license fees.