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UMG'S $4.5 BILLION
FIRST-HALF HAUL
The rich get richer. (7/30a)
SPOTIFY TOPS 165M
PREMIUM SUBS (UPDATE)
The dominant platform keeps growing. (7/29a)
A KID-FRIENDLY TOP 20
Thunder from Down Under (7/29a)
NYC HOMECOMING CONCERT SETS LINEUP
A day in the park (7/28a)
JAZMINE SULLIVAN ON THE POWER OF R&B
Perpetuating a grand tradition (7/28a)
NEW & DEVELOPING ARTISTS
From tender shoots to mighty oaks.
MARKETSHARE MANIA
Let's do the numbers.
DELTA VARIANT
It is not the name of a Henry Miller novel.
IS IT TIME FOR ANOTHER ROCK STORY?
Could be. Dunno.
Blighty Beat
TRADE ORGS BACK STREAMING BILL
6/17/21

Several music trade bodies have welcomed a bill calling for a better deal for musicians and songwriters from streaming. The bill has been put to U.K. Government by MP Kevin Brennan and is backed by 11 other cross-party MPs.

Titled Copyright (Rights and Remuneration of Musicians etc.), the bill aims to “create a new right to fair remuneration for musicians when their work is played on streaming platforms,” Brennan said. “Musicians’ earnings have been devastated by the closing down of gigs which has helped highlight how they are not getting a fair share of music streaming revenues from recordings.”

Naomi Pohl of The Musicians’ Union called the bill a “major milestone,” adding “the fact that it has cross-party support is much appreciated and extremely encouraging.”

Graham Davies, CEO of The Ivors Academy, said reforms in music copyright and contracts are “long overdue”. “Providing fair compensation for songwriters, composers and artists will ensure [the U.K.] retain[s] our position as a cultural powerhouse.” Tom Gray’s #BrokenRecord campaign has also welcomed the news.

Brennan formally introduced the bill in Parliament Wednesday and the second reading, which is when the key principles and main purpose of the bill will be debated, will take place on 12/3.

Earlier in June, The Rolling Stones added their name to a letter signed by more than 200 artists asking British Prime Minister Boris Johnson to update U.K. copyright law so artists, performers and songwriters receive the same rights they have in radio, known as "equitable remuneration.” The letter followed the end of the evidence sessions for the Government’s inquiry into the economics of streaming, the final report for which is expected to be published soon.