Copyright (Rights and Remuneration of Musicians, etc.) Bill

I know that the hon. Gentleman will have read the IPO’s report, so he will have seen the chart showing that at the end of 2015, about 16,000 artists made up 90% of Spotify’s streams. By the second quarter of last year, that number had gone up to 43,000, so the market is much more fragmented. That extra choice is great for consumers, but it means that the income is being shared by far more artists than ever before.