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Is There a Choke Point in the Copyright Regime?
There are huge inefficiencies in this system around how we actually get the money that is paid to the streaming companies out to artists. So every country has its own collecting societies, for example, that are very often tasked with matching the revenues to the creators and getting it paid. It's an incredibly inefficient system. Very often they can't even work out who Beyonce is. And it's really expensive as well. Even when you look at theMoney that is in streaming, the amount of it that gets siphoned away at other points in the value chain because there are all of these other choke points as well. That's a huge influence on the amount of money that actually gets paid out