New bands unable to fight “massive competition” from classic artists on streaming platforms

Emerging artists are facing “massive competition” from classic acts such as Queen and the Beatles on streaming services - the UK MPs from Digital, Culture, Media and Sport (DCMS) committee inquiry into the economics of music streaming have been told. Peter Leathem, the CEO of music copyright collective PPL, said that musicians at the start of their careers have “got the last 50 years of the music industry to compete with” on digital platforms such as Spotify and Apple Music, BBC reports.