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A dated understanding of the music industry is holding us back – The Times

The music industry has changed radically in the last decade. Last year, the streaming industry had a staggering 467 million subscribers around the world; in 2015 this figure was just 76.8 million.
Technology has democratised the industry, spawning countless artists and record companies large and small around the world; this is a good thing. It has driven major change and innovation.
When I was the government minister responsible for the creative industries the main issue was piracy. Today that threat has largely receded, but the seismic changes that enabled the fight-back against piracy have also added significant complexity.
As the ways we consume music have changed, so too have the ways in which artists are discovered and marketed, and their music distributed.
While our access
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