The head of MN2S Label Services submitted crucial evidence to a governmental inquiry into the economics of music streaming.
The UK parliament are currently examining the economic impact of streaming on artists, record labels and the wider industry. The Digital, Culture, Media and Sport committee are hearing a range of evidence from major industry players, which includes a report from MN2S’ own Distribution Manager Chris James, produced with the assistance of Ben Smethurst, head of Expressive Records. The inclusion of our evidence in the inquiry is a confirmation of our status as an eminent and established digital distributor and is aimed at fighting the ever-growing threat of digital music piracy.
The government’s inquiry was asking many questions surrounding the economics of music streaming, including “how can the Government protect the industry from knock-on effects, such as increased piracy of music?” And more specifically, “does the UK need an equivalent of the Copyright Directive?” The evidence submitted by Distribution Manager Chris James was aimed at addressing this question head-on, describing the effect of pay-for-access pirate sites on our own business and that of our clients, and proposes how this issue can be addressed by the government in order to create a fairer and more regulated marketplace for musicians, producers, label heads and distributors.