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POLS BACK ARTISTS IN STREAMING

A group of 44 British politicians has backed a bid for increased revenue from streaming for artists in the form of equitable remuneration—an idea that was floated during the economics-of-streaming debate earlier this year.

In a letter written to Prime Minister Boris Johnson and reported by The Telegraph, the group of Conservative MPs argue for a change to the law that would afford artists a greater proportion of streaming income.

MP Esther McVey, who organized the letter, said that for musicians to recover from the challenges of the COVID-19 pandemic, “big international corporations who have benefited from the government’s help during the crisis should start paying musicians properly for the music they use.”

As has been put forward by the DCMS (Digital, Media, Culture and Sport) committee, which delivered a damning economics-of-streaming report in July, the group is calling for a two-word amendment—adding "equitable remuneration"—to the 1988 Copyright, Designs and Patents Act that would see artists and record labels split streaming revenue 50/50, as is the case for U.K. radio. 

Musicians Union General Secretary Horace Trubridge welcomed the support. “For too long, streaming platforms, record labels and other Internet giants have exploited performers and creators," he said. "We must put the value of music back where it belongs—in the hands of the music makers.”

The support arrives hot on the heels of news that the U.K.'s Competition and Markets Authority is launching a study on music streaming to determine if competition within the sector is "working well."

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