Nadine Shah Britain county Major performer reports Music Nadine Shah Britain county Major

Major UK record labels could face competition inquiry

Reading now: 459
www.nme.com

BBC, the government has asked the Competition and Markets Authority (CMA) to consider an investigation into the top three labels: Sony, Warner and Universal Music.It has also suggested that the CMA looks into YouTube’s dominance over the music streaming market.Over the summer, MPs stressed the need for a “complete reset” of the music industry to address the “pitiful returns” that artists receive.

It came as part of a report from the Economics Of Music Streaming inquiry.The Digital, Culture, Media and Sport (DCMS) Select Committee had previously heard evidence from the likes of Radiohead, Elbow, Nadine Shah.

Read more on nme.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA