The recent CRTC Bill C-11 decision mandating that streaming services pay 5 percent of their revenues has left seemingly everyone unhappy and has sparked multiple legal challenges. While much of the focus has been on video streaming, music was a core part of Bill C-11 and the implications for music streaming services may be the most pronounced. Will Page is the perfect person to unpack these issues. He is the author of the critically acclaimed book Tarzan Economics, the former Chief Economist of Spotify and PRS for Music, the co-host the Bubble Trouble podcast and a regular contributor to BBC, Financial Times, and The Economist. He joins the Law Bytes podcast to provide new data on what the CRTC’s numbers mean and why the decision could ultimately move the Canadian market backwards rather than forward.
The podcast can be downloaded here, accessed on YouTube, and is embedded below. Subscribe to the podcast via Apple Podcast, Google Play, Spotify or the RSS feed. Updates on the podcast on Twitter at @Lawbytespod.
Show Notes:
Will Page, Equitable Remuneration: Policy Options and their Unitended Consequences
Will Page, Laying a Foundation for Success: Canada’s Online Streaming Act
Credits:
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Canadian content quotas on radio have been a great success for the Canadian music industry. The Online Streaming Act aimed to reproduce this success on the Internet and the CRTC is planning a modest 5% contribution from online music streaming services in recognition of the revenues these services are taking out of Canada. It’s not surprising that the former chief economist of Spotify is opposed to this measure. Contrary to what Michael Geist says, there has been no critical acclamation of Tarzan Economics. This is not surprising since it is essentially a how-to book, part personal memoir, part business advice, on how to be a successful entrepreneur in the music world and take advantage of the creative elements in the music business. There are no cultural or social goals in Will Page’s world view, nor in Michael Geist’s…
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I was particularly excited by the decision to include Will Page as a commentator on the topic of space waves. His extensive background, including roles at Spotify, PRS for Music, and as the author of “Tarzan Economics,” brings a level of authority and nuance to the discussion that I found compelling.
I appreciate your careful consideration of this matter. I am always appreciative of your role as my profound source of inspiration.
space waves