DCMS Committee Chair Julian Knight has welcomed the publication
of Government research into how creators earn money through
streaming. The Intellectual Property Office published its
findings, Music creators’ earnings in the digital era, following
the Government Response to the Committee’s Economics of Streaming
Report. The Government has accepted a key Committee
recommendation to refer the major music groups to the Competition
and Markets Authority
DCMS Committee Chair said:
“We welcome the publication of this ground-breaking research on
the impact of streaming services on the ability of music creators
to earn money.
“Our inquiry into the economics of music streaming provided the
researchers with a vast range of views and information that would
not otherwise have been available to them, with evidence given to
us being put to considerable use.
“The earnings’ survey published gives a picture of some
shockingly low levels of income, corroborating what musicians
told us.
“This research provides further evidence that urgent action is
needed to address unfairness in how the talent behind the music
is rewarded and we will be monitoring Government steps to address
this issue in the coming months.”
ENDS
The DCMS Committee published the Government
Response to the Economics of Music Streaming Report
on Wednesday.
The inquiry into the Economics
of music streaming received more than 300 pieces of written
evidence.Among artists and performers who gave evidence,
songwriter and producer Nile Rodgers, Radiohead’s Ed O’Brien,
Elbow’s Guy Garvey and soloist Nadine Shah. It took evidence from
the UK’s independent music sector, as well as major record labels
Sony Music, Warner Music and Universal Music. Spotify, Amazon,
Apple and YouTube also gave evidence.
