The proposed rules also aim to distribute streaming revenue more widely among all artists involved in a recording, not just the main artist. This follows similar efforts in Uruguay and France, where laws have been introduced to ensure equitable remuneration for all performers and impose a levy on streaming services to support the music sector. The European Parliament's move aims to address a revenue imbalance in music-streaming that leaves many authors and performers with low compensation.
Key takeaways:
- The European Parliament is proposing new rules to increase fairness and transparency in music-streaming, including a bill that would require platforms to reveal their recommendation algorithms and identify songs generated by AI.
- The bill aims to ensure European artists receive fair visibility on music-streaming platforms, potentially through quotas for European work, and to prevent unfair practices such as streaming figure manipulation.
- There are also plans to distribute streaming revenue more widely among all artists involved in a recording, not just the main artist, mirroring efforts in Uruguay and France.
- Spanish MEP Iban García del Blanco emphasized the importance of cultural diversity and fair payment for authors, and the need for transparency in the use of algorithms and AI tools by music-streaming services.