The rise of music streaming platforms like Spotify and YouTube have allowed millions more people to access music at an affordable price.

But often there is a large ‘value gap’ between the revenues earned by these platforms and the money paid to artists and bands.

In 2015, YouTube accounted for 40 per cent of overall music listening but just 4 per cent of revenue for artists.

This huge gap in value is simply not fair for hardworking artists and musicians who should be properly rewarded for their creativity.

I raised the importance of this in the House of Commons and I was pleased to hear that the Government is committed to supporting musicians.