Economics of music streaming

Culture, Media and Sport Committee Closed Inquiry
Opened: 15 Oct 2020 Closed: 10 Nov 2021 Parliament page
MPs will examine what economic impact music streaming is having on artists, record labels and the sustainability of the wider music industry. With streaming currently accounting for more than half of the global music industry’s revenue, this inquiry will look at the business models operated by platforms such as Spotify, … Read more
21 Recommendations
4 Conclusions
1 Report
7 Oral sessions
5 Letters
7 Events
Activity timeline 14 events
14 Jun
2022
Correspondence
22 Sep
2021
Report published
22 Sep
2021
Correspondence
22 Sep
2021
Correspondence
15 Jul
2021
Report published
22 Mar
2021
Oral evidence
23 Feb
2021
Oral evidence
10 Feb
2021
Oral evidence
4 Feb
2021
Oral evidence
19 Jan
2021
Oral evidence
12 Jan
2021
Correspondence
8 Dec
2020
Oral evidence
Oral evidence sessions 7 sessions
22 Mar 2021
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Amanda Solloway MP · Department for Business, Energy and Industrial Strategy Caroline Dinenage MP · Department for Digital, Culture, Media and Sport Robert Specterman-Green · Department for Culture, Media and Sport Tim Moss · Intellectual Property Office
23 Feb 2021
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Elena Segal · Apple Inc Horacio Gutierrez · Spotify Paul Firth · Amazon
10 Feb 2021
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Geoff Taylor · BPI Graham Davies · Ivors Academy Horace Trubridge · Musicians’ Union Katherine Oyama · YouTube Raoul Chatterjee · Soundcloud Roberto Neri · Music Publishers Association Steve Bené · Twitch
4 Feb 2021
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Paul Pacifico · Association of Independent Music Rupert Skellett · Beggars Group Yvette Griffith · Jazz Re:freshed
19 Jan 2021
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Andrea Martin · PRS for Music David Joseph · Universal Music UK & Ireland Jason Iley · Sony Music UK & Ireland Peter Leathem · Phonographic Performance Ltd Tony Harlow · Warner Music UK
8 Dec 2020
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Fiona Bevan José Luis Sevillano · Artistas Intérpretes o Ejecutantes, Entidad de Gestión de Derechos de Propiedad Intelectual (AIE) Kwame Kwaten · Music Managers Forum Maria Forte · Maria Forte Music Services Ltd Nile Rodgers Soweto Kinch
24 Nov 2020
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Colin Young Ed O'Brien Guy Garvey Nadine Shah Tom Frederikse Tom Gray · The Ivors Academy
Title HC No. Published Items Response
Second Report - Economics of music streaming HC 50 15 Jul 2021 25 Responded
Recommendations & Conclusions
3 results
Clear
14 Recommendation Accepted
Second Report - Economics of music…
As long as the major record labels also dominate the market for song rights through...
As long as the major record labels also dominate the market for song rights through their publishing operations, it is hard to see whether the song will be valued fairly as a result. It is well-evidenced that redressing the disparities … Read more
Government Response
The government states it has written to the CMA regarding the recommendation to consider how major music groups' dual position in recording and publishing influences song and recording rights value, acknowledging the CMA's independence.
Department for Culture, Media and Sport
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18 Recommendation Accepted
Second Report - Economics of music…
Algorithms are fundamental to the operation of streaming services.
Algorithms are fundamental to the operation of streaming services. However, many questions remain about how they influence music consumption and how much oversight exists. The Government should commission research into the impact of streaming services’ algorithms on music consumption, including … Read more
Government Response
The government accepts the recommendation, agreeing there is value in further research on streaming algorithms' impact, and will ask the Centre for Data Ethics and Innovation (CDEI) to lead this research.
Department for Culture, Media and Sport
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20 Recommendation Accepted
Second Report - Economics of music…
The Government must ensure that the challenges posed by music streaming to the UK’s prominence...
The Government must ensure that the challenges posed by music streaming to the UK’s prominence regime are duly considered.
Government Response
The Government agrees with the recommendation and states it is duly considering the challenges to the UK’s prominence regime through its strategic review of public service broadcasting and the Digital Radio and Audio review, committing to act on Ofcom’s prominence recommendations through legislation as parliamentary time allows.
Department for Culture, Media and Sport
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Government Response AI assessment · 25 of 21 classified
Accepted 3
Accepted in Part 4
Acknowledged 5
Deferred 9
Not Addressed 1
Rejected 3
Total 21 recs + 4 conclusions
Correspondence 5 letters
14 Jun 2022 To committee Letter from Julia Lopez MP, Minister for Media, Data and Digital Infrastructure, and George Freeman MP, Minister for Science, Research and Innovation, relating to music streaming, 18 May 2022
Parliament page
22 Sep 2021 To committee Letter from the Chair to Andrea Coscelli CBE, Chief Executive, CMA, relating to music streaming, 22 September 2021
Parliament page
22 Sep 2021 Correspondence between the Government and the Competition and Markets Authority, relating to music streaming, 15-20 September 2021
Parliament page
12 Jan 2021 Written evidence: BPI (EMS208)
Parliament page
24 Nov 2020 Background paper: Colin Young music streaming slides
Parliament page