Music industry is stuck in analogue and must evolve, says Rod Stewart

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Rod Stewart has called on the music industry to evolve like the Queen and said that artists are not reaping the benefits of the streaming boom

. The singer said the music business was stuck in an “analogue age” and must follow the lead of Britain’s jubilee-celebrating monarch in embracing change.

 

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I feel sorry for him, must be a struggle. In 2013 he bought a castle for $6.2 million. In 1995 he bought a house in Palm Beach for $7.2 million, now worth $20 million. In 1991 he spent $12.1 million, now worth $50 or $60 million today. He is estimated to be worth $300 million.

Rod flipping Stewart? Hasn’t the people suffered enough?

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