Economics of streaming are ‘threatening future of music’, says Elbow’s Guy Garvey

Musicians from Radiohead, Gomez and Elbow tell MPs that the industry must reform and be made fairer

The three major music labels are operating “like a cartel” in the streaming era and the current system is threatening the future of music in the UK, according to evidence given on the first day of an inquiry into the impact of streaming on the music industry.

During the digital, culture, media and sport select committee inquiry into the economics of music streaming, MPs heard from musicians including Ed O’Brien of Radiohead, Elbow’s Guy Garvey, and Tom Gray of Gomez, who painted a bleak picture of artists struggling to survive.

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