Music Streaming, Music İndustry

Music Streaming, Music İndustry

MPs call for ‘complete reset’ of music streaming to protect artists

MPs call for ‘complete reset’ of music streaming to protect artists

7/15/2021 3:13:00 AM

MPs call for ‘complete reset’ of music streaming to protect artists

Committee calls for investigation into whether competition in the recorded music market is being distorted

Thu 15 Jul 2021 00.01 BSTMusic streaming needs a “complete reset”, according to a damning parliamentary report that calls on the UK competition watchdog to investigate the commercial power wielded by major record labels.The Department for Digital, Culture, Media and Sport (DCMS) committee

Women's safety: Sex assault victim may never feel safe again Williamson laughed when told she would be England captain Covid: Should I get rid of my car and join a car club?

inquiry,which started in October 2020 and took evidence from musicians including Nile Rodgers, reported that unless artists received a larger share of revenues, the UK’s music landscape could be transformed within a decade.The committee chair, Julian Knight, said that while streaming had “brought significant profits to the recorded music industry, the talent behind it – performers, songwriters and composers – are losing out”.

Read moreThe report says: “The pitiful returns from music streaming impact the entire creative ecosystem. Successful, critically acclaimed professional performers are seeing meagre returns from the dominant mode of music consumption. Non-featured performers are frozen out altogether, impacting what should be a viable career in its own right, as well as a critical pipeline for new talent.” headtopics.com

Record labels and the streaming sites are criticised in the report, which says that although streaming undoubtedly helped save the music industry after two decades of digital piracy, the companies have “leveraged structural advantages to achieve seemingly unassailable positions” in their markets.

The report refers to estimates that streaming services take 30-34% of revenues from a stream, with the label recouping 55% and the rest shared out between the recording artist, publisher and songwriter.The MPs say they have “deep concerns about the position of the major music companies” and call on the government to ask the Competition and Markets Authority to investigate whether competition in the recorded music market is being distorted. They say the major labels: Sony, Universal and Warner Music, benefit at the expense of independent labels and self-releasing artists when it comes to playlisting.

“The issues ostensibly created by streaming simply reflect more fundamental, structural problems within the recorded music industry,” the report says. “Streaming needs a complete reset.”The committee recommends “a broad yet comprehensive range” of legislative reforms to protect the rights of musicians and songwriters, who it says are getting poor returns from streaming – an industry that generates £600m in revenues a year.

The 121-page report backs calls for artists to have equitable remuneration from streams, which would mean their work is classified as a “rental” when it is played on platforms such as Spotify, which has a 44% market share compared with 25% each for Amazon Music and Apple Music. headtopics.com

Budget 2021: English city regions to get £6.9bn for public transport COP26: Disruption forecast in Glasgow as busy roads begin to close How Belarus is helping ‘tourists’ break into the EU

The measure would mean streams are treated in a similar way to radio plays, with a collecting society recouping royalties on an artist’s behalf. The committee says the change would be a “simple yet effective solution” to the problems caused by poor remuneration from music streaming.

It also recommends introducing a right to recapture the rights to works after a period of time and the right to contract adjustment if an artist’s works are “successful beyond the remuneration they receive”.The suggestion of sweeping legal changes is at odds with the position of streaming sites and the three major labels, which have consistently argued the current system works and that equitable remuneration would be, in the words of the BPI’s Geoff Taylor, “a recipe for disaster” and lead to reduced revenues.

The report says recorded music revenues are still much lower in real terms than they were two decades ago, but have been rising since 2014 when the percentage of UK population illegally downloading music was at 13%, before it dropped to 5% in 2020.Will Page, a former chief economist at Spotify, submitted evidence saying that between 2015 and 2019 the streaming-led recovery boosted UK major label turnover by 21%. “The recorded music business not only got bigger but also much more profitable for record labels. Artists, however, have not received proportional benefit,” he wrote.

The MPs are critical of the hostility that potential contributors to the inquiry faced from within the music industry, pointing out they received 80 confidential submissions because people were afraid of speaking out publicly.Covid-19’s impact is also a focus of the report, with the MPs finding that the problems with streaming have been exacerbated because “musicians have become over-reliant on touring and live music income”. headtopics.com

YouTube comes in for particular criticism in the report, owing to its distinct business model. Unlike the majority of UK streaming platforms, much content on YouTube is uploaded by users rather than artists or record labels.The platform has licensed some content and proactively removes many unlicensed uploads using its content ID system, but the different approach plays into its bottom line. According to evidence to the inquiry, YouTube accounts for 51% of music streaming per year but contributed 7% of all revenue.

If musicians upload their own music directly to YouTube, the platform’s policies explicitly prevent them from being paid a share of advertising revenue “until they achieve 1,000 channel subscribers and 4,000 hours of watch time”.As a result, the report calls for the UK to designate YouTube’s streaming service as having “strategic market status”, and warns that the continued freedom from lawsuits that YouTube enjoys thanks to its user-generated model “has suppressed the value of the digital music market”.

20 years of the iPod: how it shuffled music and tech forever BBC Radio 4 - Money Box, Sending money to family back home COVID-19: UK 'dilly-dallying into lockdown' - take Plan B action now, warns government adviser Read more: The Guardian »

Sir David Amess: Boris Johnson pays tribute to MP who was killed - BBC News

Conservative MP Sir David Amess was stabbed to death while meeting constituents in Essex.

Katie Price meets with MPs in bid to crack down on vile online abuseKATIE Price took part in a meeting with two MPs and a campaign group today in a bid to crack down on vile online abuse. The issue has been close to Katie’s heart for years due to the horrific… Whos that bch? A woman who made a living off going public with her private[s] life wants to put a stop to you having one at all. 🤡🌏 Would they know who she is with her new face? She should be questioned on how she can afford all the surgery and why she continually breaks covid rules?

Martin Rowson on MPs backing £4bn cut to foreign aid budget — cartoonDowning Street has been accused of putting tens of thousands of lives at risk in some of the world’s poorest nations after Conservative MPs voted to cut billions of pounds in foreign aid for years to come We Africans do not need any 'aid' from WEST! unfortunately WEST doesn't want Africans to be beyond 'aid'. WEST is now working against CHINA in the horn of Africa for regime change under the name 'humanitarian aid'. eg Ethiopia and Eritirea! Why? CHINA is the big fish to catch! CHINA should be proud of themselves!CHINA is now a serious threat for WEST's world order!AFRICA is working with CHINA very closely!AFRICA is very grateful for CHINA!Well done 2 CHINA!New world order is required NOW!AFRICA is fed up with WEST greed for many years post colonisation

MPs to vote on cut to UK foreign aid budgetThey will choose between restoring spending to previous levels or tying it to government borrowing. So what I mean is that if you can do this 'thinking', what we need is love and law, and politics can be close to 'unnecessary'. Thank you Dont worry China there for all the world! with huge cash suport! In the near future China will over take even USA and will be much more powerful than the British empire was in the last centuries! All just because of wrong politics and selfishness of the Western countries! Bloody right too.

Social media influencers face relentless abuse, MPs are toldEm Sheldon says people are 'so angry' at her for using her online platforms for commercial gain. It’s not just Celebrates or called influencers that get abused on social media it’s happening to normal people giving their opinions and unless you agree with what’s been said your verbally abused I can imagine that these SELF APPOINTED influencers who seem to be preying on individuals' insecurities that make them believe they require influencing to make their living might get up others' noses. People probably think they should go and get a real job. MPs need to clean house and sort out them with far right views or using these views to score publicity points .

Watch: Tory MP wrongly calls Gareth Southgate England ‘captain’Conservative MP Victoria Atkins incorrectly referred to Gareth Southgate as “England captain” in the House of Commons.While answering an urgent question about racist abuse footballers are facing on social media following Wednesday’s PMQs, Ms Atkins mistook the England manager for a player.“I’d like to conclude this statement with the words of our England captain Gareth Southgate,” she said, before quoting the Three Lions coach. Ms Atkins was standing in for Priti Patel to answer questions as the home secretary was absent from the Commons due to a “long-standing meeting with charities.” Agitate4Change 'I am looking forward to supporting him and his men in their next test match.'

Parliament: Sexual harassment MP Rob Roberts returns to the CommonsMP Rob Roberts, who was suspended from Parliament after sexually harassing a member of his staff, returns to the Commons despite calls to stay away Right so because and independent panel suspended him and not the government committee he's free to walk around willy-nilly!? Why is the government committee not doing a recall petition and forcing a by-election nor a thorough investigation!? Absolutely scandalous! Harass and touch your staff as a civilian, get sacked and go to jail. Do it as a Tory and get a 6 week holiday