As the debate around the economics of music streaming reaches its crescendo, AIM has announced ‘How to Fix Streaming’ - a public debate with experts battling the key issues on the topic and exploring AIM’s proposed ‘Artist Growth Model’.

Taking place on Thursday 1 July, the session will see speakers going head-to-head examining the streaming debate, from artist’s calls to apply blanket Equitable Remuneration, a system similar to the one used to pay royalties from broadcast usage of music, to AIM's proposed Artist Growth Model.

With 80% of streaming revenues going to just the top 1%, AIM’s Artist Growth Model seeks to counter the current ‘winner takes all’ situation, distributing earnings more evenly in the market and enabling more credible niche and emerging artists to make a sustainable living from streaming.

Sammy Andrews, founder and CEO of Deviate Digital and resident tech columnist at Music Week will moderate the discussion. She’ll be joined by Will Page, former Chief Economist of Spotify and PRS for Music and author of ‘Tarzan Economics’, David Safir, an expert in the economics of intellectual property, as well as Paul Pacifico – who is a session musician, featured artist and AIM’s CEO who teaches ‘The Artist As A Startup’ at Berklee, Valenica.

Due to the influx of requests to attend from beyond AIM’s membership, ‘How to Fix Streaming’ has been opened up to a wider audience in order to contribute to the broader debate whilst also keeping AIM members up to date. You can sign up to join the event for free here.

The event takes place as the industry waits for the conclusions from the UK Parliament‘s DCMS Select Committee inquiry into the Economics of Music Streaming. AIM presented evidence to the Committee alongside our members Beggars Group and Jazz re:freshed, and submitted an official proposal on the Artist Growth Model, which can be read here. The committee also heard evidence from artists, trade organisations, and proponents of the ‘Broken Record’ campaign, who have all been invited to attend this AIM event alongside leading industry figures on all sides of the debate.

Paul Pacifico, CEO of AIM, said: “The results of the current debates on streaming could have huge repercussions for the future of our industry and music culture at large. We feel that it’s important to have open, transparent and level-headed discussions on all the ideas to improve the market. The streaming economy is full of nuanced and complex issues and we hope this session will provide some food for thought and a catalyst for further ongoing discussions.”