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From the @CommonsDCMS oral evidence session:
@julianknight15 asked ‘It’s cheaper to distribute music however the economics are still the same as they were in the past. Is that a fair summation?’ Yes, we would say it is.
#FixStreaming
@julianknight15 asked ‘It’s cheaper to distribute music however the economics are still the same as they were in the past. Is that a fair summation?’ Yes, we would say it is.
#FixStreaming
Tom Frederikse rightly said ‘Artists feel that levelling up is needed to change the imbalance that has increased since the beginning of streaming bc the costs to the labels are largely gone and that accounts for the huge increase in operating margins'.
‘What’s the difference between the big 3 major record companies and the independents?’ - @brinemp
‘The indies are doing more ethical deals. Some of them aren’t doing life of copyright and do 50/50 deals. Major labels still take deductions for physical breakages’ - @MrTomGray
‘The indies are doing more ethical deals. Some of them aren’t doing life of copyright and do 50/50 deals. Major labels still take deductions for physical breakages’ - @MrTomGray
"There has always been a problem with inequity in the music industry…Streaming has come along, this wonderful technology that puts music in our back pockets. But unfortunately it’s made the problem worse and more profound" - @MrTomGray explains in the #MusicStreamingInquiry
‘Streaming is great for consumers. They haven’t raised the price of it in over a decade. Polling I did with @YouGov showed consumers are uniformly upset when they learn their money isn’t going to music they listen to. They think labels and platforms are overpaid’ - @MrTomGray
‘With the freemium model, there’s still ad revenue. What’s the difference in what is paid through to artists from that and from the subscription model?’ - @DamianHinds
‘Ad revenues don't compare to subscription revenues, it's far smaller’ – Tom Frederikse
#MusicStreamingInquiry
‘Ad revenues don't compare to subscription revenues, it's far smaller’ – Tom Frederikse
#MusicStreamingInquiry
‘The internet was supposed to free us up and provide us with […] all these interesting tastes, but in fact streaming is concentrating all of the listens on a few artists’ - @MrTomGray on why we need to #FixStreaming
#MusicStreamingInquiry
#MusicStreamingInquiry
‘Why are three majors so dominant? It’s a combination of resources and that they’re good at what they do…It’s not as though we can live without them, but my concern from the artists’ point of view is: is it equitable?’ – Colin Young in #MusicStreamingInquiry
#FixStreaming
#FixStreaming
‘The data I get is often in a format that is difficult for us to use...When I give audit notice, I would like granular data as provided by DSP to label, rather than a summary…I need data to be standardised and consistent, granular and at source’ - Colin Young
#FixStreaming
#FixStreaming
‘This has been the most fascinating session so far. The one thing that’s coming across to me is the opaqueness of what is actually going on. I’m quite shocked at some of the things I’ve been listening to’ - @JulieElliottMP on the #MusicStreamingInquiry
Let’s #FixStreaming now!
Let’s #FixStreaming now!
