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Economics of music streaming

Inquiry

MPs will examine what economic impact music streaming is having on artists, record labels and the sustainability of the wider music industry.

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.

Read the key points in an interactive summary of the report.

Work news

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Chair welcomes CMA’s urgent competition inquiry on music streaming
Digital, Culture, Media and Sport Committee chair comment
19 October 2021
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DCMS Committee Chair welcomes CMA’s urgent competition inquiry on music streaming
Chair welcomes the decision by the CMA to carry out a full market study into music streaming and the dominance of the major music groups
19 October 2021
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Government accepts key Committee recommendation to refer major music groups to Competition and Markets Authority
Economics of Music Streaming Report acknowledged as a ‘key moment for the music industry’
22 September 2021
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MPs call for a ‘complete reset’ of music streaming to fairly reward performers and creators
Committee publishes report on Economics of music streaming.
15 July 2021
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Ministers to face MPs in music streaming inquiry
Digital, Culture, Media and Sport Committee questions DCMS Minister Caroline Dinenage and BEIS Minister Amanda Solloway on the economics of music streaming
17 March 2021
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Spotify, Apple and Amazon to face questions from MPs in music streaming inquiry
Committee to take evidence from Spotify, Amazon and Apple into their inquiry on Economics of music streaming
17 February 2021
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Committee to question online platforms as part of their inquiry on the economics of music streaming
Online platforms YouTube, Twitch and SoundCloud to face questions from MPs
8 February 2021
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Independent record sector questioned on impact of streaming
The Digital, Culture, Media and Sport Committee will hear from Beggars Group, Jazz Re:freshed and AIM.
29 January 2021
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Committee publishes industry-wide evidence in music streaming inquiry
Committee publishes over 150 pieces of written evidence on their inquiry, Economics of music streaming
21 January 2021
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MPs call in top record labels Sony, Warner and Universal in music streaming inquiry
Committee to question major record labels as part of inquiry into the economics of music streaming
14 January 2021
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Singer-songwriter Nile Rodgers to give evidence to MPs on impact of music streaming
Songwriter and producer Nile Rodgers gives evidence to the Digital, Culture, Media and Sport Committee on the impact of streaming
3 December 2020
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Statement from Chair Julian Knight: Economics of music streaming inquiry
The committee has released a statement after hearing that potential witnesses are reluctant to speak in public and fear action may be taken against them.
1 December 2020
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Radiohead and Elbow members to give evidence to MPs on the impact of streaming
Radiohead and Elbow members to give evidence to DCMS Committee on how music streaming services like Spotify and Apple Music impact them as musicians
20 November 2020
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DCMS Committee examine impact of streaming on future of the music industry
MPs examine what economic impact music streaming is having on artists, record labels and the sustainability of the wider music industry.
15 October 2020
Total results 14 (page 1 of 1)

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  • Email: dcmscom@parliament.uk
  • Phone: (General Enquiries) 020 7219 6188 / (Media Enquiries) 020 7219 1679
  • Address: DCMS Committee, House of Commons, London, SW1A 0AA