2

“Very cynical” label head splashes cold water on music industry revival

hartwig masuch canvas

The chief officer of the BMG label issued downward sentiment when he talked about the prospects of a music industry revival powered by streaming. “I am very cynical about the view that the good days have returned,” said Hartwig Masuch as quoted in Financial Times. Streaming drives the music industry now, and artists are set to demand a bigger cut from their labels. Continue Reading