The UK’s Intellectual Property Office (IPO) published a report on ‘the potential impact of equitable remuneration on performers and the music market in the UK’. In short, the report will make labels much happier than activists. “The one key conclusion that can be drawn is that ER does not offer a simple solution to the streaming conundrum,” was its verdict. The report also gives the same warnings that labels have about ER potentially weakening their negotiating position with DSPs.
Source: UK government rules out broadcast-style equitable remuneration for music – Music Ally