Music industry losing billions to streaming fraud, experts warn According to Beatdapp, a streaming technology company, fraudulent streaming activities are costing the music industry billions of dollars each year. Beatdapp’s co-chief executives, Andrew Batey and Morgan Hayduk, estimate that 10% of all song streams are fraudulent, resulting in a loss of $2-3 billion (£1.6-£2.4 billion) annually for…
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