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
8 Recommendation Rejected
Second Report - Economics of music…
Metadata issues compound the poor terms on which creators are remunerated.
Metadata issues compound the poor terms on which creators are remunerated. Whilst there is a significant challenge, it is not insurmountable. First, the Government must oblige record labels to provide metadata for the underlying song when they license a recording … Read more
Government Response
The Government agrees on the importance of metadata but proposes to address it through improved awareness and engagement with technology businesses, not by obliging labels or mandating data standards. It explicitly rejects the recommendations on black box revenues, stating they are already regulated, and does not address the creation of a comprehensive musical works database or registration portal.
Department for Culture, Media and Sport
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11 Recommendation Rejected
Second Report - Economics of music…
The Government must make sure that UK law is not enabling the outcome of market...
The Government must make sure that UK law is not enabling the outcome of market dominance. This means that independent labels must be supported to challenge the majors’ dominance and creators must be empowered to offset the disparity in negotiating … Read more
Government Response
The government rejects the recommendation to expand MEGS, place anti-acquisition clauses in grant funding, or introduce a fiscal incentive for the independent music sector, stating MEGS's remit doesn't cover structural issues and tax policy is the Treasury's responsibility.
Department for Culture, Media and Sport
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23 Recommendation Rejected
Second Report - Economics of music…
As we have acknowledged, the Government has repeatedly told us that it will not implement...
As we have acknowledged, the Government has repeatedly told us that it will not implement the Directive on Copyright in the Digital Single Market. However, to ensure that music creators and companies prosper in the globally important UK music market, … Read more
Government Response
The government agrees on fair remuneration but rejects introducing new legally enforceable obligations for UGC-hosting services, stating private negotiations are commercial matters and that it will not implement the EU Copyright Directive. It notes the IPO is reviewing access to justice for IP cases and will consider 'know your business customer' obligations in an upcoming strategy.
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