Boris Johnson calling for a reform to the streaming economy – see it in full below.The letter, from the Musicians’ Union in association with the Ivors Academy and the #BrokenRecord campaign, says that the law around streaming revenues and royalty payments “has not kept up with the pace of technological change” in the music industry.
Among the 156 signees of the letter are Paul McCartney, Kate Bush, Damon Albarn, Chris Martin, Noel Gallagher and Wolf Alice.It comes as MPs are currently examining the economic impact that music streaming is having on artists, record labels and the wider music industry as part of the ‘Economics Of Music Streaming’ inquiry.The inquiry has seen the Department for Digital, Culture, Media and Sport (DCMS) Commons.
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