Call for evidence
Economics of music streaming
With streaming currently accounting for more than half of the global music industry’s revenue, this inquiry will look at the business models operated by platforms such as Spotify, Apple Music, Amazon Music and Google Play. 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 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.
The inquiry is seeking the perspectives of industry experts, artists and record labels as well as streaming platforms themselves.
Terms of Reference:
The DCMS Committee invited written submissions on the economics of music streaming by Monday 16 November. The portal to submit evidence will remain open until 11 December. However, evidence submitted after the 16 November deadline may not arrive in time to inform early oral evidence sessions, or to potentially identify people for the Committee to talk to, although it would be available to be used in the final report..
- 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?
If you are submitting evidence on behalf of an organisation, please be sure to select that option. The submission form will still give you the option to enter your own name and contact details.
In order to promote openness and transparency, the Committee will normally only accept anonymous or confidential evidence where there is a good reason. If you would like to request anonymity, or that your evidence is kept confidential, please include your reasons for the request at the beginning of your evidence.