In June 2021, Sony Music announced to clear historic debts held against their artists. In July 2021, the Digital, Culture, Media and Sport Committee published their report recommending alternative payment systems for artists, measures to be introduced allowing music creators to recapture the rights to their work from labels after a period of time, legally enforceable obligations to normalize licensing arrangements for user-generated content-hosting services, and asked publishers and collecting societies to publish royalty chain information. In September 2021, the UK government accepted the recommendation to refer to the Competition & Markets Authority, and initiated research from the
UK’s Intellectual Property Office alongside representatives from the industry to further look at the select committee’s recommendations. In January 2022, the Competition & Markets Authority announced a study into the music streaming market. In April 2022, Universal and Warner Music Groups also announced to clear unrecouped balances so that their contracted artists can earn from their recorded music. In June 2022,
Kevin Brennan, a Member of the UK Parliament, introduced a Private Members Bill to the House of Commons called ‘Copyright (Rights and Remuneration of Musicians, etc.)’ which is currently in second reading. ==References==