In a memo sent to UMG staff on January 11, Universal Music Group‘s Chairman and CEO referenced UMG’s preference for a switch to an “artist-centric” model to transform the way that artists and rightsholders are paid by streaming services.
Today, UMG has announced an interesting alliance with Tidal that will see the two companies work together to explore what they call “an innovative new economic model for music streaming that might better reward the value provided by artists”.
Artist Rights Watch--News for the Artist Rights Advocacy Community 