FAC & MMF White Paper: Economics Of Music Streaming

In 2020, the Digital, Culture, Media & Sport Select Committee in the UK Parliament began a wide-reaching inquiry into the ‘economics of music streaming’, exploring how the digital music market works; how streaming revenues are shared out across the music community; and whether changes to music business practices and copyright legislation would help better ensure that British artists, songwriters, musicians and record producers are truly sharing in the benefits created by the digital music revolution.

The aim of this white paper is to provide artists and managers with a condensed yet comprehensive overview of the key discussion points of the Committee’s work, and to outline the FAC and MMF’s shared positions on three key areas:

• Record contracts and artist royalties.

• Royalty chains and the black box.

• Platform licensing, transparency and streaming service advances.