Day: 15 octobre 2020

British parliament launches inquiry into economics of music streaming

For several months, the #BrokenRecord campaign in the UK has been calling for the government to step in to the debate about musicians’ streaming royalties. Today, there’s been a significant announcement on that front.
No, not legislation (yet). The British parliament’s Digital, Culture, Media and Sport (DCMS) committee has launched an inquiry into the economics of music streaming.
“MPs will examine what economic impact music streaming is having on artists, record labels and the sustainability of the wider music industry,” it explained.
“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.”
The post British parliament launches inquiry into economics of music streaming appeared first on Music Ally.
Source: Music ally

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