ABBA’s Björn Ulvaeus has said that the music industry today places “very little” value on songwriters.Speaking in the context of the ongoing streaming rates for musicians and writers, Ulvaeus said the industry placed little value on songwriters thanks to the low returns streaming brings.Speaking to Music Week, he added: “If there are 15 of them [songwriters] and one stream pays $000.something, they have to drive a taxi,” he said, joking that songwriting “teams” that are prevalent in the industry