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Streaming inquiry: MPs call for “complete reset” to “redress the balance” for songwriters

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have been examining the business model since last year and whether or not the model is fair to songwriters and performers.Findings released today (July 15) see MPs setting out a “complete reset of streaming” that “enshrines in law [artists’] rights to a fair share of the earnings”.DCMS Committee chair Julian Knight said: “While streaming has brought significant profits to the recorded music industry, the talent behind it – performers, songwriters and composers – are losing out.Knight added that “the issues we’ve examined reflect much deeper and more fundamental problems within the structuring of the recorded music industry itself.“We have real concerns about the way the market is operating, with platforms like YouTube able to gain an unfair.

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