The incredible resilience of the music industry -- Universal’s new deal on streaming royalties underscores how the major labels have remade themselves throughout the digital era

The incredible resilience of the music industry (behind soft paywall)

An interesting and informative read for anyone curious about the history, and current state, of music streaming.

“It’s hard to get large organisations like Apple, Amazon, Google to move. Spotify is too large and afraid to do something to threaten their position. So we moved first,” Deezer’s Folgueira summarises.”