Egypt's stocks mixed on Tuesday as main gauge EGX 30 falls 0.63%    IMF upgrades Egypt's real GDP growth 2022 forecasts to 5.6%    Al Khair River starts trading on Egypt's stock exchange today    Egypt works on charting cooperation strategies with international institutions for 5 years: Al-Mashat    Maha karara joins AAIB as Head of Corporate Communications, Sustainability    Over 2.4 million newborns examined for hearing impairment: Health Ministry    Netflix releases trailer of Arab adaption of 'Perfect Strangers' film    Balqees to headline concert celebrating launch of streaming giant LIVENow in MENA    Sawsan Badr to be honoured at Aswan Women Film Festival    Al-Sisi follows up on 'Great Transfiguration Project' in St. Catherine    Cairo, London stress need to strengthen cooperation to face climate change    Foreigners account for 22.6% of Egypt's T-bills issuances in 1H 2021: CBE    MP Abdel Hady Al-Qasby calls government to facilitate and support NGOs    Egypt's ambassador to Italy passes away    Egypt confirms readiness to help African countries face terrorism and extremism    An estimated 235 million people needed humanitarian assistance and protection in 2021, an increase of 40% compared to 2020: IOM Egypt    Egypt, DRC discuss water cooperation during WYF    Egypt, DR Congo discuss boosting bilateral cooperation during WYF    Cameroonian police probe assault on three Algerian journalists covering AFCON    Pharaohs start AFCON 2021 campaign with fierce clash against Nigeria    Foreign Ministry opens capacity building course for French-speaking African diplomats    BRICS development bank admits Egypt as new member    Nermien Ismail Schools opens a new campus in O'West    Netherlands Embassy, E7kky Magazine celebrate success of 21 Egyptian women    Women make up 45% of Egyptian Atomic Energy Authority staff    Yas Island hosts travel partners at Formula 1 Etihad Airways Abu Dhabi Grand Prix 2021    Olaf Scholz becomes Germany's new leader, ending Merkel 16-year historic era    Egypt's trade with Nile basin countries climbs 26% y-o-y in 9 months    The unvaccinated prohibited from entry to Egypt state institutions starting December 1    Egypt's iron and steel exports jump 197% in 8 months    Ethiopia halts work at its embassy in Egypt for 'economic reasons'    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    Brazil calls up 8 EPL players for World Cup qualifying    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Sisi calls on House, Senate to commence second legislative sessions on 3, 5 October    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    Qa'a play showing at Lycee El Horreya Theatre, Alexandria is a must go    On International Museum Day, Egypt opens two new museums at Cairo Airport    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

UK musicians in lockdown rage against industry machine
Published in Ahram Online on 28 - 05 - 2020

Lockdown bans on live performances have left many British musicians on the breadline, fuelling a campaign for them to get a bigger share of the profits from streaming their songs online.
"I'm getting contacted by lots of young artists who have millions of streams from 200,000 monthly listeners and don't make the minimum wage," musician Tom Gray from English indie band Gomez told Reuters.
Gray has founded the Broken Record campaign to pressure the industry into doing more for the people who make the music.
While platinum-selling Gomez has racked up millions of plays on Spotify, the market-leading online music platform, this amounts to "a few pennies" of income for Gray.
That is because the money paid by consumers for major online music platforms goes into a central pot that is distributed to artists according to market share.
So if someone pays 10 pounds ($12) a month and listened only to Gomez, their money would still find its way to the world's top artists and their record labels.
The streaming companies say they are doing their utmost to help artists during the lockdown. Spotify has pledged to match donations to music charities up to a total of $10 million and Apple Music launched a $50 million fund for independent record labels and distributors.
The Help Musicians UK charity has paid 8.5 million pounds to 17,500 musicians who have run out of money for essentials.
But many more musicians are struggling, shut out of state lockdown support programmes because their incomes are irregular. A Musicians Union survey earlier this month found 38% were not eligible for government help.
"I know how hard this is already for so many people and I can see how truly terrifyingly bad it's going to get," said Gray, whose campaign is backed by Boy George, John Grant, and the Shins.
Hot Chip, a popular electro-tinged indie band, had planned a global tour through 2020. Now, the musicians and their nine-strong crew have lost much of their income, despite millions listening to their music online every month - a fanbase that might have earned Hot Chip a "bed of gold" decades ago.
"We ourselves don't know where the next chunk of cash is really coming from," said Al Doyle, a member of Hot Chip.
Despite a likely 25% drop in global music revenues this year because of the pandemic, the industry is set to double in value by 2030, a Goldman Sachs research note published this month showed. But many artists have doubts about their future.
"If coronavirus continues like this for the whole of the summer, then really that's going to feel like my life in music has been decimated," said Theo Bard, a songwriter who was hoping to promote an album set for release this summer.
Doyle from Hot Chip conceded that only consumers might have the power to redress the balance, by buying music directly from their favourite artists's websites or via online platforms such as Bandcamp where the artists control the prices.
"If it's unsuccessful, then I think you'll find lots of mid-level artists, probably kind of on our level, deciding that this is not a feasible way to support ourselves." ($1 = 0.8160 pounds)

For more arts and culture news and updates, follow Ahram Online Arts and Culture on Twitter at @AhramOnlineArts and on Facebook at Ahram Online: Arts & Culture

Clic here to read the story from its source.