Universal Music agrees new streaming payment model that boosts payments to artists
Universal Music Group, the label that spans Taylor Swift and Sam Smith to The Chemical Brothers and Tame Impala, has struck a deal with French streaming platform Deezer and is reported to be in talks with Spotify, Tidal and SoundCloud about rebooting the payment model. The new model agreed by UMG is designed to enhance payouts to professional musicians by means of redirecting funds away from "non-artist noise content" including amateur, AI-generated music and other white-noise sounds. Under new music streaming payment model […]