FAC & MMF response to the DCMS Committee report

Having contributed substantially to their initial evidence sessions on music streaming and subsequent IPO dialogue, the FAC and MMF wholeheartedly welcome the DCMS Committee's renewed calls for reform. In what will be a critical year for British music, it is heartening that artists, songwriters and music makers have such concerted Parliamentary support for improved remuneration and contractual rights. We are also pleased by the Committee's demand for further scrutiny of recent market reforms around recoupment and their backing for a national music strategy.

It is now vital that the wider industry embraces this spirit of reform and takes seriously the work already underway at the IPO. Our organisations are in complete alignment with other creator bodies on the need for greater fairness, transparency and remuneration. These issues are not going away, and neither are we.