"When the major labels realized their market share was shrinking—not because independent music was thriving, but because fraudsters were disguising themselves as independent artists—they started pushing for action. They are now calling on streaming services to address the issue, to implement a third-party fraud detection system. Their message was clear: ‘This needs to be fixed because we are victims.’ For major labels and rights holders with extensive catalogs, the losses are staggering—millions, even hundreds of millions, up to a billion dollars. The financial stakes demand immediate attention." Andrew Batey dives deep into the challenges of streaming fraud, how it impacts the industry, and what needs to happen next to protect rights holders in the latest episode of Audio Talks HARMAN International 📢 Don’t miss this thought-provoking conversation. Tune in here: https://lnkd.in/ge7zVg_f #StreamingFraud #MusicIndustry #FraudDetection #AudioTalks #Beatdapp
