Hello and welcome to Business Daily from the BBC.

I'm Manuela Saragossa.

Coming up, what's a song worth?

Because streaming music platforms have certainly changed the game.

For the songwriting, it's about 0.0.08. It's a tiny, tiny, tiny, tiny, infinitesimal amount of money.

But that hasn't stopped one music entrepreneur from spending billions of dollars

buying the copyright to some of the biggest music hits of the past 50 years.

So what does that tell us about the state of the music industry?

It's a business with issues.

There are certain artists and songwriters who aren't benefiting from the success of streaming,

but actually streaming is bringing ever more money into the music industry

and providing you have the right kind of catalogue, then there is good money to be made.

That's all here in Business Daily from the BBC.

Oh gosh. Hello, my name's Tom Gray.

I was a founding member of a band called Gomez,

who were a Mercury Prize winning band back in the day.

The 1990s, I barely remember them, the last century.

Once upon a time, not too longer,

we took a day out in Manchester,

we all fall out,

there's not enough hours in a day. If Tom sounds like he thinks his music heyday, as a founding member of Gomas was a long time ago,

well, that's down to the fact that the band's years of success haven't really translated into a financially comfortable retirement.

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