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Arts: Finance

Question for Department for Digital, Culture, Media and Sport

UIN 15722, tabled on 10 June 2022

To ask the Secretary of State for Digital, Culture, Media and Sport, if she will make an assessment of the potential merits of introducing a Smart Fund to help ensure creators and performers are remunerated for their work by using funds from sales of electronic devices which copy, store and share creative content.

Answered on

16 June 2022

The Government agrees that creators should be fairly remunerated. The Government is taking forward work to achieve this, including a programme considering the remuneration issues related to music streaming.

DCMS Ministers and officials have been engaging with the Design and Artists Copyright Society (DACS) on their proposals for a Smart Fund. It is encouraging to see proposals from the sector to support creators and fair remuneration. However introducing statutory levies of this nature can present significant challenges, including the risk that costs would be passed to consumers. This is of particular concern in the context of wider cost of living challenges. We encourage DACS to work with the tech industry to explore options for industry-led solutions.