MPA becomes founding signatory of UK’s first transparency code on music streaming


The MPA has become one of the founding signatories of the UK’s first Code of Good Practice on Transparency in Music Streaming, solidifying its commitment to improving transparency around licensing and royalties across the music streaming industry.
The voluntary Code, published today by the Intellectual Property Office (IPO), was developed, and agreed upon by digital service providers and 12 key music industry bodies, including the MPA.

The Code commits to improving transparency across the music streaming industry. It sets out agreed standards of good practice, forming part of a shared ambition across the music industry to build greater trust in music-maker contracts, streaming licensing deals, royalty payments, usage data, audit rights, and communication to music creators. 
The Code is a pledge from the music industry on transparency and is the first such commitment of its kind in the world. 

Paul Clements, CEO, MPA said:
The MPA welcomes the publication of the Transparency Code of Conduct. The music industry ecosystem is dependent on the bonds of trust between music creators, managers, publishers, labels, CMOs and music platforms. 
This code marks the first step to improving levels of transparency and we hope that all the actors involved play their part to ensure the UK Music industry reaches its full potential in this regard.
We’d also like to take the opportunity to thank the DCMS Select Committee, government ministers and the Intellectual Property Office for their work in helping to make this possible. Throughout the process, the MPA and its members have engaged positively and constructively, and this spirit of collaboration will continue.” 

Viscount Camrose, Minister for AI and Intellectual Property, said: 
I am delighted that the UK has taken another step toward creating the world’s best environment for those involved in music streaming with the publication of the code of good practice on transparency.
 This ground-breaking commitment by the UK’s music streaming industry will benefit all who create and love music, helping creators better understand music streaming and their earnings from it.
 The Code will help the music industry improve communication and build trust. It is a landmark pledge to a race to the top on transparency, as the right thing to do.”

Read more about the Code here

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