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Music streaming model requires complete reset , report concludes | Chester and District Standard

The music streaming model is in need of a “complete reset” in order to properly reward musicians and songwriters, an inquiry has concluded. The Digital, Culture, Media and Sport Committee’s report on the economics of streaming warns “pitiful returns” from the current system are impacting the “entire creative ecosystem”. It says some successful and critically acclaimed musicians are seeing “meagre returns” from their work and non-featured performers on songs are being “frozen out altogether”. Nile Rodgers gave evidence to the inquiry (House of Commons/PA) The report also raises “deep concerns” about the position of the major music companies in the market, and calls on the Government to refer the case to the Competition and Markets Authority (CMA) to launch a market study into the “economic impact of the majors’ dominance”.

United kingdomAndrew matthewsGuy garveyHorace trubridgeTed obrienLyor cohenNadine shahGeoff taylorPaul pacificoTom grayNile rodgersYui mokCommittee julian knightAssociation of independent musicSport committee tom grayIvors academy

Music streaming model requires complete reset , report concludes | Wilts and Gloucestershire Standard

The music streaming model is in need of a “complete reset” in order to properly reward musicians and songwriters, an inquiry has concluded. The Digital, Culture, Media and Sport Committee’s report on the economics of streaming warns “pitiful returns” from the current system are impacting the “entire creative ecosystem”. It says some successful and critically acclaimed musicians are seeing “meagre returns” from their work and non-featured performers on songs are being “frozen out altogether”. Nile Rodgers gave evidence to the inquiry (House of Commons/PA) The report also raises “deep concerns” about the position of the major music companies in the market, and calls on the Government to refer the case to the Competition and Markets Authority (CMA) to launch a market study into the “economic impact of the majors’ dominance”.

United kingdomAndrew matthewsGuy garveyHorace trubridgeTed obrienLyor cohenNadine shahGeoff taylorPaul pacificoTom grayNile rodgersYui mokCommittee julian knightAssociation of independent musicSport committee tom grayIvors academy

MPs call for complete reset of music streaming to ensure fair pay for artists

BBC News By Mark Savage image captionEd Sheeran is currently the most-streamed artist in the UK, with his comeback single Bad Habits The music industry is weighted against artists, with even successful pop stars seeing pitiful returns from streaming, a committee of MPs has said. They are calling for a complete reset of the market, with musicians given a fair share of the £736.5 million that UK record labels earn from streaming. In a report, they said royalties should be split 50/50, instead of the current rate, where artists receive about 16%. The findings came after a six-month inquiry into music streaming. While streaming has brought significant profits to the recorded music industry, the talent behind it - performers, songwriters and composers - are losing out, said Julian Knight, MP, who chairs parliament s Digital, Culture, Media and Sport (DCMS) committee.

United kingdomBruxelles capitaleKevin brennanWolf aliceFleetwood macKylie minoguePaul mccartneyNadine shahGeoff taylorPaul pacificoMick jaggerFiona bevanElena segalTom grayJulian knightJessie ware

Music streaming model requires complete reset , report concludes | Bridport and Lyme Regis News

The music streaming model is in need of a “complete reset” in order to properly reward musicians and songwriters, an inquiry has concluded. The Digital, Culture, Media and Sport Committee’s report on the economics of streaming warns “pitiful returns” from the current system are impacting the “entire creative ecosystem”. It says some successful and critically acclaimed musicians are seeing “meagre returns” from their work and non-featured performers on songs are being “frozen out altogether”. Nile Rodgers gave evidence to the inquiry (House of Commons/PA) The report also raises “deep concerns” about the position of the major music companies in the market, and calls on the Government to refer the case to the Competition and Markets Authority (CMA) to launch a market study into the “economic impact of the majors’ dominance”.

United kingdomAndrew matthewsGuy garveyHorace trubridgeTed obrienLyor cohenNadine shahGeoff taylorPaul pacificoTom grayNile rodgersYui mokCommittee julian knightAssociation of independent musicSport committee tom grayIvors academy

Streaming inquiry: Current music royalties model needs complete reset , report concludes

Streaming inquiry: Current music royalties model needs complete reset , report concludes
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United kingdomRadiohead ed obrienNoel gallagherNadine shahRebecca fergusonLily allenJulian knightGary numanNile rodgersRobert plantBoris johnsonIvors academyMusician unionGuy garveySky newsMarkets authority