Reporting by Supantha Mukherjee, European Technology & Telecoms Correspondent, based in Stockholm; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles. Singer Ariana Grande is seen performing in 2019. This adjustment alone will not make the music industry sufficiently equitable or fair.' The fallout from the pandemic, which had a devastating impact on concert revenue that is crucial to modern musicians, has put even greater emphasis on how revenue from streaming services is split up among rights holders. The disclosure, made in a letter to artists delivered Friday via the services artist dashboard and sent to labels and publishers, reflects music-streaming services increasing efforts to show they are artist-friendly.
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