Kerry McCarthy Labour MP for Bristol East
I’m proud to support Kevin Brennan’s #FixStreaming Bill! (alongside my fellow Bristol MPs Thangam Debbonaire and Karin Smyth, MP for Bristol South ). The Government must ensure that artists and songwriters get their fair share when the Bill’s debated in Parliament tomorrow.
Under the current system musicians aren’t entitled to ‘equitable remuneration’ (essentially royalties) when their songs are streamed – unlike when their music is performed live or on the radio. This means that streaming income ends up invariably in the pockets of record labels, streaming platforms, and digital giants, rather than in the hands of music creators.
In 2020 the Musicians’ Union found that eight out of ten music creators earnt less than £200 in a year from streaming. It’s clear the system is broken. Music labels are raking in record profits, and yet a constituent of mine whose band has had over 90,000 streams on Spotify…is yet to see a penny.
The #FixStreaming Bill targets these issues and seeks to properly reward those who make the music we love.