Regulators and policymakers around the world are increasingly interested in how the music streaming pie is divided, and what they might do to alter that dynamic. The latest example of proposed legislation comes from the US, where representative Ted Deutch has introduced the Protect Working Musicians Act.
Among its proposals: “allowing working artists and independent musicians to band together to negotiate with dominant streaming platforms” while also granting them “the ability to collectively refuse to license their music to a dominant online music distribution platform that refuses to pay market value rates”.
Music bodies A2IM and ARA are backing the act. “By empowering a more diverse chorus of voices to negotiate fair terms and rates for their music, the Protecting Working Musicians Act recognises the fundamental value of music and gives working artists a fair shot,” said Deutch. Introducing the act is the first stage of the legislative process: let’s now see how it fares as it progresses through the system.