Download 'Too Hot', an exclusive Specials track from iTunes
Peter Jenner, a former manager of Pink Floyd and the Clash who is now secretary-general of the International Music Managers’ Forum, believes the growth of Apple’s iTunes and other online music stores does not make up for the loss of CD sales .
In a submission to the European Union, Jenner has called for a wide-ranging reform of music rights to reflect changing market realities.
“Consumers feel that music delivered online is more like radio than buying a record, and prices need to reflect that,” he said. “Like radio, music consumption online should feel free. If not, illegal or semi-legal music services will grow exponentially and there will be no income for the creators.”
Jenner proposes a move away from the current royalty system, and the introduction of a monthly charge on broadband and mobile-phone companies that facilitate music downloading. He said charges should be sufficiently low “so that no-one really notices”. He suggested a level of €4 (£2.67) a month.
The forum argues that a move to this kind of collective licensing is “inevitable”. Organisations such as the Performing Right Society already collect royalties based on estimates of what music is broadcast or played in clubs and theatres.
Ged Doherty, chairman of Sony BMG UK, said he expected CD sales to halve in value over the next three years. Digital sales were growing at an annual 25%, but this would not be enough to replace lost CD sales, he said.
Articles from our sister site WSJ.com:
You may be asked to subscribe to read certain articles
Win a luxury weekend to Newcastle and its neighbour Gateshead, find out more here
Risk, resilience and embracing new technology
Industry sectors news at a glance. Interactive heatmap, video and podcast
Discover the power of collective thinking. Submit a solution and be in with a chance to win a Media Hub Home Entertainment System
The inside track on current trends in the charity, not for profit and social enterprise sectors
Everything the Business Traveller needs to know to make a better trip
Make the most of the summer and enter our fabulous photographic competition, you could win a £5000 holiday
Corsica is an island of beauty and contrast, an ideal holiday destination
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
The clever way to lease a new car is with Car leasing made simple™
2009
per month on 36-month
Personal Contract Hire (PCH)
2008
42850
Car Insurance
£24,250 - £30,346
MI5
London
£60,000
The Environment Agency
Bristol
Up to £90K
Boots
Midlands
OTE £85k
Credit Protection Association
Nationwide Opportunities
Completely London
Luxury Condo's in Manhattan with NYC views
The best new homes in Wimbledon?
Nationwide
Fabulous Cruise And Cruise & Stay Offers Including Virgin Atlantic Flights Prices Start From Only £699pp!
Last Minute Cruise And Cruise & Stay Offers. Med From £499pp, Caribbean From £699pp!
5 star quality at a 3 star price.
8 fabulous Canadian cities ...you won’t find cheaper
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Property Finder | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.