[IN THE NEWS] Spotify’s Troy Carter calls for the industry to fix ‘broken’ value chain

Asked by Music Week during his keynote Q&A at the Music Biz Convention in Nashville, Tennessee on May 17, if he thought that the current split of royalties between the various rights owners whose songs were streamed was fair, the former manager of Lady Gaga offered a resounding, No! But, without being specific, he also immediately added: “The value chain is broken and we need to reconfigure it.”

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