Do your analysis per-capita, please; as a former gigging musician, I assure you that it doesn't matter how much money is being given to the Big Four by streaming services, it only matters how many gigging hours there are per week. And the number of gigging hours per week is limited, and the amount of music produced per gigging hour has not changed in centuries.
This is a bad, ignorant example. Not just wrong, but flagrantly, wildly, outrageously misinformed.
This is a bad, ignorant example. Not just wrong, but flagrantly, wildly, outrageously misinformed.