"Whilst we are expecting a slowdown in certain channels [from COVID-19] – for example physical sales, synchronisation, and performance income – we expect streaming to be least affected."
"With this agreement, UMG and Spotify are more aligned than ever in our commitment to ensuring the entire music ecosystem thrives and reaches new audiences around the globe."
Outdustry CEO Ed Peto discusses his new publishing company, which specializes in the China music market, what stands in the way of generating publishing revenue in the region, and his perspective on exclusive licensing deals.