The chances are today you’re going to listen to some music. And perhaps you’re listening to someone else’s music stream being played in a café, office, auto workshop or the hairdressers? If so, they may be breaking the law by playing music publicly without a commercial license.
Does this matter? Yes, it does, because many of the musicians whose music you love aren’t getting paid. In the largest global study of the background music business to date, published today, Nielsen Music has found that composers, artists, and musicians could be missing out on an estimated $2.65bn a year – equivalent to $138mn each month when their music is played in commercial locations without the appropriate license.
Nielsen Music‘s research, commissioned by Soundtrack Your Brand, the Stockholm-based background music streaming company for businesses, looked at nearly 5000 small businesses this summer in the U.K, U.S., Sweden, Spain, Italy, Germany, and France and combined the findings with global small business data to reach its conclusions.
“This study should be a wake-up call for the music industry,” said Andreas Liffgarden, Soundtrack Your Brand Co-founder & Chairman, a former Spotify executive. “Music makers are being shortchanged, without knowing it, while the customers of music streaming businesses who are actually businesses may be unknowingly misusing their services.”