http://ipkitten.blogspot.com/2023/06/the-ipkat-uk-economics-of-streaming.html
Readers may have been following the IPKat reporting on the UK Economics of Music Streaming Inquiry [background here, previous update here]. Progress continues to be made and here are the latest developments:
| Progress! Music to our ears. Image: Riana Harvey |
Meta Data Agreement
As part of the Industry Working Group on Data Transparency, established by the UK IPO after the Government followed the recommendations of the then DCMS Select Committee Report, an agreement has been reached.
The UK industry agreement on music streaming meta data sets out a positive commitment from players across the music streaming industry to improve metadata on music streaming services in the UK. It includes:
• a shared ambition to progressively improve metadata in new recordings and consistent crediting on streaming services over a two-year period,
• agreement to take steps to ensure a core data set is associated with all new recordings,
• agreement to follow and promote good practice in industry,
• agreement to establish and support expert working groups on education and technical solutions to drive forward further improvements during the two-year period.
Remuneration Working Group
After the Follow Up Inquiry session [where this Kat gave evidence here] a working group on remuneration has now been announced. The Government will establish a working group to explore and consider industry-led actions on remuneration for existing and future creators, acknowledging recent progress by music companies in this space.
The Government will be discussing the formation of the group and terms of reference with industry stakeholders over the coming weeks. The group will be composed of representatives and experts from across the music sector and will consider the research and progress already made in this area.
In a recent CMS Select Committee session, Kevin Brennan MP questioned DCMS Minister, Lucy Frazer MP, about the remuneration working group. She confirmed that the Government’s intention is for the working group to be purposeful and effective and not merely a talking group.
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