The Department for Culture Media and Sport has called for views on the impact of music streaming on the wider industry, including issues like flow-through of royalties to artists and piracy. It's widely accepted that licensed music streaming services have greatly assisted in the fight against online music piracy, so it will be interesting to see to what extent the DCMS sees this as an issue at the services end, or the label, publisher and collecting society end. The consultation closes on 16 November 2020.
As an interesting aside, it looks like someone at DCMS has copy and pasted some internal notes relevant to another industry as part of the press release: "We urgently need a govt-funded rescue package for our local and national newspapers to fill the massive, short-term gap in sales and ad revenues caused by the lockdown: those papers are an integral part of our way of life and history, and if they go, they’re not coming back".
MPs examine what economic impact music streaming is having on artists, record labels and the sustainability of the wider music industry.