Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the amount of royalties paid by music streaming companies as a proportion of revenue in the latest period for which figures are available.

Streaming contracts are private commercial agreements between the parties concerned.

The Government recognises the importance of understanding how rights holders are remunerated in the global streaming environment. To this end, the Intellectual Property Office (IPO) is working closely with the UK Council of Music Makers on a research project to investigate the flow of money from streaming to creators. This will run for 12 months and is due to report in summer 2021. This project will help improve our understanding of the issue.