DCMS announces music industry adopts new creator remuneration principles
The Department for Culture, Media and Sport (DCMS) has confirmed that the British Phonographic Industry (BPI), with support from the Association of Independent Music (AIM), has developed new industry principles for music creator remuneration. The measures, adopted by UK divisions of Universal Music, Sony Music and Warner Music, include provisions to disregard certain unrecouped advances, establish contract renegotiation pathways, and implement minimum session musician fees as agreed between BPI and Musicians' Union in December 2024. DCMS will assess implementation over 12 months, with the package aiming to deliver £10m per year in new investment by 2030 through the Music Growth Package.