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MPA WELCOMES THE GOVERNMENT’S RESPONSE TO THE DCMS SELECT COMMITTEE’S INQUIRY

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On Wednesday 22nd September, it was announced that the UK government responded to the DCMS Select Committee’s Inquiry into the economics of streaming. It has revealed a plan for the next 12 months, which will involve working alongside the music industry to form a contact group that will scrutinise the key issues.

The government has directed the committee’s recommendation for a market study into the question of market dominance by the majors to the Competition and Markets Authority (CMA). DCMS Minister of State for Digital and Culture, Caroline Dinenage and BEIS Minister for Science, Research and Innovation, Amanda Solloway, have written to Dr Andrea Coscelli, the chief executive of the CMA, to request that the regulator gives consideration to the committee’s recommendation.

Paul Clements, CEO said“The Music Publishing community is unified by the common objective of championing and rewarding songwriters. We welcome the government’s pragmatic response to the DCMS Select Committee’s Inquiry and recognition of our standard-bearing sector. We look forward to joining the proposed industry working groups and supporting initiatives that lead to positive progress for the music ecosystem including any cross stakeholder solutions that lead to improvements in the data that flows through the digital value chain.”

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