Committee publishes industry-wide evidence in music streaming inquiry
21 January 2021
More than 150 pieces of written evidence in the economics of music streaming inquiry have been published today, giving an industry-wide perspective on the impact of streaming and business models operated by platforms.
Submissions come from musicians, composers, songwriters, producers, performers, platforms, fans and academics – one an economist who is a consultant to industry leaders, including Spotify. Organisations that have submitted evidence include the Musicians’ Union, the International Federation of Musicians, a number of independent record labels, and the BBC.
The inquiry is considering the economic impact of streaming on artists and the sustainability of the wider music industry. It is examining the business models operated by streaming platforms and will take evidence from major platforms at a future session.
On Tuesday, senior executives from record labels Sony Music, Warner Music and Universal Music faced questions from MPs in the third session of its inquiry. Other evidence sessions have heard from artists and performers, among them songwriter and producer Nile Rodgers in the second session, and Radiohead guitarist Ed O’Brien, Elbow’s Guy Garvey and soloist Nadine Shah at the first hearing.
In December, Committee Chair Julian Knight released a statement concerning potential witnesses who might be deterred from coming forward because of fears that action would be taken against them.