Streaming brings billions and breaks records. Creators are left with pennies. ZAiKS raises alarm
Despite record revenues from streaming platforms, authors receive minimal compensation per play. The rise of AI poses significant threats to the creative industry, while digital platforms adapt strategies amid subscription market saturation. The International Confederation of Societies of Authors and Composers (CISAC) reported a notable increase in royalties, yet the organic growth rate is modest. Streaming services are prioritizing profit maximization over fair author remuneration, with local artists increasingly marginalized. The prevalence of AI-generated content raises concerns about the future of human creativity, emphasizing the need for protection and fair compensation for creators.
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