The music business year so far

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from 2021 so far, including UK parliament’s inquiry into the economics of streaming, the debate around user-centric streaming royalties, and the issues facing UK musicians who want to tour Europe post-Brexit.  SECTION TIMES 01: Economics of streaming (00:07:33) 02: User-centric royalties (00:17:15) 03: Brexit and live music (00:23:31) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • UK parliament’s economics of streaming inquiry • SoundCloud announces shift to user-centric royalty distribution for its 100,000 independent creators • MU and ISM call for more urgency from government over post-Brexit touring issues ALSO MENTIONED • Spotify confirms launch in 85 new markets, plus new tools galore and high quality audio, in big announcements splurge • Jay-Z sells “significant majority” of Tidal to Jack Dorsey’s Square • Get the lowdown on the CMU+TGE programme at The Great Escape Online • New series of white papers on Building Trust puts the spotlight on the copyright safe harbour • CMU Insights: Copyright webinars on artist rights, piracy and US copyright law MORE FROM CMU • Book your place on CMU’s weekly webinars • Buy the new Dissecting The Digital Dollar book on Amazon • Sign up to receive the CMU Daily news bulletin