The EU has proposed sweeping changes within the music streaming industry to promote smaller artists and make sure underpaid performers are being fairly compensated.
The proposition was made to ensure European musical works are accessible and avoid being overshadowed by the “overwhelming amount” of content being continually added to streaming platforms like Spotify.
MEPs also called for outdated “pre-digital” royalty rates to be revised, noting that some schemes force performers to accept little to no revenue in exchange for greater exposure.
Streaming companies are also being urged to disclose if AI has been used to create tracks they host, tackle “deepfake” music that mimics human artists without their permission, and be transparent about their recommendation algorithms to prevent major record labels and popular artists from being disproportionately favored — and therefore better compensated — over smaller players in the industry.
“The Parliament is giving voice to the concerns of European creators, who are at the heart of the music streaming market,” said rapporteur Ibán García del Blanco in the EU press release.
Instead, this is a plea for the European Commission to acknowledge the concerns and initiate legislation to improve things — which could take several years to take effect, even if the appeal is successful.
The original article contains 337 words, the summary contains 206 words. Saved 39%. I’m a bot and I’m open source!
This is the best summary I could come up with:
The EU has proposed sweeping changes within the music streaming industry to promote smaller artists and make sure underpaid performers are being fairly compensated.
The proposition was made to ensure European musical works are accessible and avoid being overshadowed by the “overwhelming amount” of content being continually added to streaming platforms like Spotify.
MEPs also called for outdated “pre-digital” royalty rates to be revised, noting that some schemes force performers to accept little to no revenue in exchange for greater exposure.
Streaming companies are also being urged to disclose if AI has been used to create tracks they host, tackle “deepfake” music that mimics human artists without their permission, and be transparent about their recommendation algorithms to prevent major record labels and popular artists from being disproportionately favored — and therefore better compensated — over smaller players in the industry.
“The Parliament is giving voice to the concerns of European creators, who are at the heart of the music streaming market,” said rapporteur Ibán García del Blanco in the EU press release.
Instead, this is a plea for the European Commission to acknowledge the concerns and initiate legislation to improve things — which could take several years to take effect, even if the appeal is successful.
The original article contains 337 words, the summary contains 206 words. Saved 39%. I’m a bot and I’m open source!