Senior bosses from streaming platforms such as Spotify, Apple and Amazon are set to appear before MPs next week in the concluding session of the inquiry into the economics of music streaming.
The inquiry has been looking into the financial impact of streaming on artists, with musicians such as Radioheadâs Ed OâBrien, Elbowâs Guy Garvey and Nadine Shah telling MPs that unfair streaming payments were âthreatening the future of musicâ during the first hearing in November.
More recently, the DCMS committee heard that emerging artists face massive competition from classic artists when they attempt to cement their reputation on streaming services.
The final session will now take place next Tuesday (February 23) and is expected to focus on streaming revenues, alternative business models and the relationship with the music industry and how listener data is used.
Digital and Culture Minister Caroline Dinenage will also appear before MPs, alongside Horacio Gutierrez, Spotify’s Head of Global Affairs and Chief Legal Officer, Elena Segal, Global Senior Director of Music Publishing at Apple Inc and Paul Firth, Amazon’s Director of International Music.
Peter Leathem, the CEO of music copyright collective PPL, told the most recent session that musicians at the start of their careers have âgot the last 50 years of the music industry to compete withâ on digital platforms such as Spotify and Apple Music.
âUltimately, youâve got some of the most talented people in our society [who] are struggling to make a living,â he continued (via the BBC).
Leathem explained that âeveryone is fightingâ for a share of a âsmaller pieâ due to increasing competition for consumersâ attention across the major streaming sites.
Back in December, DCMS chair Julian Knight also claimed that some of those expected to give evidence had become reluctant to do so for fear of action being taken against them.
The post Spotify and Apple Music bosses to address DCMS streaming inquiry appeared first on NME | Music, Film, TV, Gaming & Pop Culture News.
