CMA report: Ivors Academy reaction

29 November 2022 - Press release

Graham Davies, Chief Executive of The Ivors Academy, said “The CMA has asserted that it is the Government’s responsibility to introduce policy interventions to support music creators. While consumers have never had it so good the system is concentrating earnings to an unsustainable extent. Streaming benefits consumers and rewards few music creators. The creative industries are central to the UK’s economic success and they rely on creators, but they are leaving the industry because of threats to live music, the disastrous impact of Brexit on touring and the cost of living crisis. We need action to fix streaming.”