Could this bold new law finally fix streaming?

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including the new private members bill proposed by MP Kevin Brennan to change UK copyright law to provide musicians with guaranteed income when their music is streamed, and Sony Music’s announcement that it will start paying royalties to unrecouped artists on 20th century record contracts. SECTION TIMES 01: Private members bill (00:5:23) 02: Sony Music (00:24:24) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • Kevin Brennan MP proposes “a new right to fair remuneration” from streaming for musicians in private members bill • Artist and management community welcome Sony Music’s decision to pay royalties to artists on unrecouped pre-2000 record deals ALSO MENTIONED • With lifting of COVID restrictions set to be delayed, live sector calls for more data and financial support MORE FROM CMU • Book your place on CMU’s weekly webinars • Buy MMF and CMU Insights’ Dissecting The Digital Dollar book on Amazon • Sign up to receive the CMU Daily news bulletin