Following the DCMS Committee inquiry into the economics of music streaming, the CMA has now launched a market study into whether the music streaming industry works for consumers and how competition between music companies affect the musicians, singers and songwriters. The CMA's invitation for comment will close on 17 February. Do reach out if you have any questions.
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This is a CMA investigation; It is a public inquiry
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In the UK, more than 80% of recorded music is now listened to via a streaming service rather than using traditional physical media like CDs and vinyl.
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The Competition and Markets Authority’s (CMA) study will examine the music streaming market, from creator to consumer, paying particular attention to the roles played by record labels and music streaming services.
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