Spotify, Deezer and other leading digital music companies have announced the launch of a new alliance, Digital Music Europe (DME).
The alliance brings together platforms including 7digital, Deezer, Qobuz, SoundCloud, Soundcharts and Spotify and will showcase and promote the success of the European digital music industry, serving as a resource for policy-makers, media and the digital music industry.
Hans-Holger Albrecht, president of DME and CEO of Deezer said: “For a decade, European digital music companies have led the transformation of the music industry globally. Bringing these companies together to create DME is a great opportunity to highlight European leadership in this sector, inspire other European entrepreneurs and create a unique voice with policy-makers.”
Olivia Regnier, chair of DME and director of EU regulatory affairs at Spotify, added: “DME is eager to share the experience and vision of its members to contribute to policy debates shaping Europe’s Digital Single Market. We believe that policy-makers have a key role to play to support the growth of the entire music sector and enable more innovation in Europe.”
DME’s member companies have helped transform digital music in recent years, enabling artists to reach ever-wider audiences and offering consumers groundbreaking digital music experiences.
In 2016, the recorded music market grew by 4% in Europe; the fastest rate of growth in two decades, driven primarily by streaming. According to The IFPI’s global music report 2017, 112 million people use paid streaming services across the world, with growth in streaming revenue increasing by more than 60%.
DME members are already engaged in debates on copyright, geo-blocking, online platforms, e-privacy, data transfers, digital contracts and taxation, while the organisation will work with European policy-makers to create a legislative and regulatory framework that supports the growth of digital music, artists and consumers.