medium · LSAT Logical Reasoning

The rise of digital streaming has transformed the music industry's economic model. While physical sales once provided the bulk of revenue, streaming now accounts for over 80 percent. However, many independent artists argue that the current royalty structures favor major labels at the expense of niche creators.

Which one of the following is most strongly supported by these statements?

  1. Streaming today supplies more than half of the music industry's overall revenue.
  2. Independent artists now take home more from streaming than they previously did from physical sales.
  3. The streaming royalty arrangements currently in force were devised by independent artists themselves.
  4. Major labels have completely ceased producing and selling physical music formats.
  5. Streaming royalties distribute earnings more equitably than the old physical-sales model ever did.

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