Lawmakers in the British government have launched an inquiry into the music streaming model and its impact on artists and labels.
Following pressure from the #BrokenRecord campaign, a committee of lawmakers will convene to investigate whether platforms such as Spotify and Apple Music are fairly redistributing their revenue, which amounted to more than £1 billion ($1.29 billion) last year, explains The Guardian. The committee has invited people working across the music industry to submit evidence before November 16.
The committee chair, Julian Knight, said the success of streaming “cannot come at the expense of talented and lesser-known artists. Algorithms might benefit platforms in maximising income from streaming but they are a blunt tool to operate in a creative industry,” harming emerging artists in particular. The committee will also consider whether, in the future, the model will “limit the range of artists and music that we’re all able to enjoy today,” Knight said.
“The Committee will also consider whether the government should be taking action to protect the industry from piracy in the wake of steps taken by the EU on copyright and intellectual property rights,” a UK Parliament statement adds.
Streaming has changed the music industry – but do the economics of music streaming work for everyone?
We’re launching an inquiry into the economics of music streaming today and want to hear from you.
— Digital, Culture, Media and Sport Committee (@CommonsDCMS) October 15, 2020
As well as gathering the perspectives of industry experts, artists, record labels and the streaming platforms themselves, the committee is also inviting written submissions which address the following questions:
- What are the dominant business models of platforms that offer music streaming as a service?
- Have new features associated with streaming platforms, such as algorithmic curation of music or company playlists, influenced consumer habits, tastes, etc?
- What has been the economic impact and long-term implications of streaming on the music industry, including for artists, record labels, record shops, etc?
- How can the Government protect the industry from knock-on effects, such as increased piracy of music? Does the UK need an equivalent of the Copyright Directive?
- Do alternative business models exist? How can policy favour more equitable business models?
Earlier this week, a YouGov study for the #BrokenRecord campaign concluded that 77 percent of the public thought artists are not being paid enough from streaming, while 76 percent felt songwriters were also underpaid.