DCMS respond to claims of witness interference in music streaming inquiry
nme.comthey would examine the economic impact that music streaming is having on artists, record labels and the wider music industry.Taking evidence until December 11, the Committee are looking at “the business models” operated by such streaming giants as Spotify, Apple Music, Amazon Music and Google Play.Over £1 billion in revenue was generated from 114 billion music streams in the UK last year, with the inquiry noting, however, that “artists can be paid as little as 13% of the income generated”.The DCMS inquiry, which held its first evidence session last week (November 24), is seeking the perspectives of industry experts, artists and record labels as well as streaming platforms themselves.Today (December 1), DCMS Committee Chair Julian Knight MP.
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