The Rolling Stones, Tom Jones and Yoko Ono urge UK to change music streaming laws

1 week ago 16

Mauricio Santana | WireImage | Getty Images

LONDON — Some of the biggest names successful the euphony manufacture person called connected the U.K. authorities to alteration the mode musicians get paid erstwhile their songs are streamed online implicit platforms similar Spotify and Apple Music.

The Rolling Stones and Tom Jones are among 75 artists who person added their names to a letter to Prime Minister Boris Johnson, urging him to alteration the instrumentality regarding the royalties paid from streaming.

Other caller signatories see Pet Shop Boys, Yoko Ono, Van Morrison, Barry Gibb, Emeli Sandé and Jarvis Cocker. The full fig of signatures present stands astatine 227.

 "Streaming is rapidly replacing vigor arsenic our main means of euphony communication. However, the instrumentality has not kept up with the gait of technological alteration and, arsenic a result, performers and songwriters bash not bask the aforesaid protections arsenic they bash successful radio," the missive reads.

"Today's musicians person precise small income from their performances — astir featured artists person tiny fractions of a U.S. cent per watercourse and league musicians person thing astatine all."

The campaigners — led by the Musicians' Union, Music Producers Guild, Ivors Academy and the #BrokenRecord inaugural — reason that songwriters are struggling arsenic a effect of the "extraordinary power" being wielded by multinational corporations.

The tech giants that run and marque billions of pounds successful gross from the streaming platforms presently dictate however overmuch artists and their grounds labels get paid erstwhile their users watercourse songs.

But the campaigners privation the U.K. authorities to amend the 1988 Copyright Act truthful that streaming services wage artists astir the aforesaid arsenic vigor stations do. They're fundamentally asking for a clause successful the enactment to beryllium rewritten truthful that equitable remuneration — a fig that is owed to artists whenever a dependable signaling of their show is broadcast to the nationalist — would use to streaming.

"Songwriters gain 50% of vigor revenues, but lone 15% successful streaming," the missive reads. "We judge that successful a genuinely escaped marketplace the opus volition execute greater value."

Coldplay's Chris Martin, Paloma Faith, Jessie Ware, Boy George, Bob Geldof, Kate Nash and Noel Gallagher person besides signed the letter.

The U.K.'s Department of Culture, Media and Sport has been investigating however euphony streaming revenues are distributed and whether this is done successful a just manner. Mercury Prize nominee Nadine Shah said she was forced to determination backmost successful with her parents due to the fact that she couldn't enactment herself financially connected the wealth she made from streaming.

Apple, Amazon, Google and Spotify did not instantly respond to CNBC's petition for comment.