The BPI welcomes the CMA's study into the music streaming market
"We look forward to seeing the scope of the project in due course and engaging with the CMA to inform its work."
London, 19th October 2021 A statement from The BPI on the UK’s Competition and Markets Authority study into the music streaming market
“The BPI welcomes the CMA’s study into the music streaming market. We look forward to seeing the scope of the project in due course and engaging with the CMA to inform its work.”
BPI represents the UK’s recorded music industry. We champion the interests of our membership which includes more than 400 independent music companies. Together, BPI’s members account for 85% of all music sold in the United Kingdom.
Indie labels' share of the UK music market was 28.6% during the first 10 months of 2022, up from 26.9% for the whole of 2021. Eight independent albums have topped the Official Albums Chart in the YTD, incl. releases by Central Cee, Fontaines D.C. and Wet Leg, while nearly 60 indie releases have reached the Top 10. Independents made up more than 40% of album sales in October, led by Arctic Monkeys, The 1975 and Simple Minds.
The appointment follows an extensive search led by BPI Council to identify suitable candidates with a strong working knowledge of the music industry as well as appreciation of the exciting opportunities and challenging issues that are currently shaping British music.
Mobile providers begin blocking pirate music websites in accordance with High Court Orders obtained by the BPI. The move follows the record industry’s success in blocking illegal sites and apps on broadband networks, helping protect consumers and benefitting artists, songwriters, music publishers and record companies who suffer annual piracy losses of £200 million.
Get all the latest updates from The IMI and our members, straight to your inbox
Strictly Necessary Cookies
These cookies should be enabled to ensure your experience is not hindered. Some key features will not function properly without these cookies. For these cookies which are strictly necessary for some purposes and which do not collect personally identifiable information, there is no control switch, but you can always disable these in your browser's settings
3rd Party Cookies
This website uses Google Analytics to collect information such as the number of visitors to the site, and the most popular pages. Keeping these cookies enabled helps to improve the website by determining things like: what pages get the most attention.