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ERA Statement on DCMS Select Committee inquiry into Music Streaming

Following this morning’s announcement that the Digital, Culture, Media & Sport Select Committee is launching an inquiry into music streaming, Kim Bayley, CEO of the Entertainment Retailers Association, said

“We welcome the decision of the Digital, Culture, Media and Sport Select Committee to shine a light on the huge economic impact of streaming on the music market. Little more than a decade ago the music industry was on the ropes due to piracy. By providing an attractive, convenient and legal alternative, from which around 70% of the revenue goes straight to the music industry, streaming services have provided the biggest boost to music for a generation.”

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