Adding streams from platforms such as YouTube into the charts could set a worrying precedent for the industry, The Box Plus Network managing director Matt Rennie tells Music Week.
For some time now, YouTube has faced the ire of an angry music industry that feels that artists and labels are not sufficiently compensated by the video streaming platform.
In some quarters of the industry there have been calls for YouTube streams to be added to the charts, while others have suggested that YouTube is putting the future of music in jeopardy. Just last month a letter signed by over 1,000 international pop stars was submitted to EU president Jean-Claude Juncker demanding changes to YouTube’s practices.
FULL ARTICLE HERE: https://www.musicweek.com/media/read/rennie-i-would-be-concerned-at-adding-promotional-streams-into-charts/065503