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"Many musicians earn more than half of their royalty income from online streaming services, according to a record company boss. Martin Mills, chairman of Beggars Group, which includes Adele&amp;#039;s label XL, said services such as Spotify have provided a major financial boost to artists.   &amp;gt; Spotify helps drive music sales, says boss &amp;gt; Spotify, iTunes lead to rise in UK musicians&amp;#039; income &amp;quot;Some of our catalogue artists earn more from streams than downloads of individual tracks [or] any other format,&amp;quot; he said, according to The Telegraph. &amp;quot;If we didn&amp;#039;t have digital we wouldn&amp;#039;t have a business. Physical is still important to us but the lesson we learned over last few years is that you have to strike a balance between giving people what they want on the one hand and actually being a business.&amp;quot; Spotify paid $180 million (\u00C2\u00A3115 million) in royalties to musicians last year, a figure that is expected to rise to $360 million (\u00C2\u00A3230 million) in 2012. The service has 15 million users, 4 million of which pay a subscription fee to listen to unlimited music without adverts. Kenneth Parks, chief content officer at Spotify, told the British Business conference: &amp;quot;There are a few myths around Spotify and if I want to debunk one of them it is that we don&amp;#039;t pay back to artists. We just passed the 4 million paying user mark, a great number of those were stealing music.&amp;quot; Mills&amp;#039;s went on to describe Adele&amp;#039;s success as a &amp;quot;miracle&amp;quot;, attributing it to her music&amp;#039;s personal connection with audiences worldwide rather than the current structure of the music industry. Adele&amp;#039;s &amp;#039;Rolling In The Deep&amp;#039; was the most played song on Spotify throughout 2011. Her album 21, as well as Coldplay&amp;#039;s Mylo Xyloto, were only made available on Spotify months after their release. "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.digitalspy.com/music/news/a396772/streaming-services-give-musicians-over-half-of-royalty-income/>