The first session of the Economics
of music streaming inquiry will hear from Radiohead guitarist
Ed O’Brein and Elbow frontman Guy Garvey, alongside soloist
Nadine Shah, on how the rise of music streaming services such as
Spotify and Apple Music has affected them as artists and
songwriters. The session will focus on issues around fair
renumeration for artists who have their music on these platforms,
also hearing from Tom Gray, musician and founder of the
#BrokenRecord campaign. His campaign was launched to raise
awareness of how musicians are paid after the Covid-19 pandemic
halted revenue from live music and performance.
The Committee will also question music industry experts on the
impact of the different kinds of business models operated by
streaming platforms and the response of major record labels to
the growth of these platforms.
Witnesses from 10.00:
-
Tom Gray, Founder, #BrokenRecord Campaign; vocalist,
guitarist and songwriter, Gomez
-
Colin Young, streaming auditor and accountant, CC Young
& Co
-
Tom Frederikse, Partner, Clintons Solicitors, former
music producer/engineer
At approx. 11.30:
-
Ed O’Brien, guitarist, Radiohead
-
Guy Garvey, singer and songwriter, Elbow; BBC 6 Music
presenter
-
Nadine Shah, singer, songwriter and musician
Notes to editors:
- Use #MusicStreamingInquiry on Twitter. The
session will be livestreamed on @CommonsDCMS
- The DCMS Committee’s inquiry into the economics of streaming
was launched on 15 October 2020.
Music streaming in the UK brings in more than £1 billion in
revenue with 114 billion music streams in the last year, however
artists can be paid as little as 13% of the income generated.