Chris Bryant
Main Page: Chris Bryant (Labour - Rhondda and Ogmore)(2 years, 11 months ago)
Commons ChamberOf course I completely accept that, in the vast majority of cases, contract law should stand. If two people have entered into a contract, that is their business, and it is for nobody else. However, we have repeatedly, in lots of other industries, decided that there are occasions when exploitative contracts have been entered into, because there is not an equality of arms between both sides. For instance, in financial services, we legislated a few years ago to strike down a whole series of mortgages that people entered into, because they were not entered into on a fair basis. My anxiety is that the world at the moment is really stacked against lots of artists. We repeatedly seem to expect that their music should be free, and that seems unfair.
Oh, goodness, there were a number of points there. I am grateful to the hon. Gentleman for recognising that we should be very wary about stepping in to interfere with voluntarily agreed contracts. Yes, if there is evidence of exploitation and abuse of a dominant position, that may be a circumstance where we should. Actually, that is one of the areas where I think the hon. Member for Cardiff West has done us a service in allowing us to look at this issue. Action does need to be taken, and I know that my hon. Friend the Minister, in his response, will talk about what the Government are doing to address some of these concerns.
Before I finish, I want to continue to talk about what the hon. Member for Cardiff West is proposing. I have talked about the revocation and adjustment of contracts, and he is also keen for greater transparency. I think the labels are doing quite a lot to release information and make sure their artists can see the way in which the economics is working and how they are being remunerated. However, the hon. Gentleman is going further even than many of the provisions advanced by the European Union. Some of the information he wants is simply not available and, for instance, the involvement of the tribunal in all these cases would lead to a huge increase in administrative costs.
I pay tribute to some of the more far-sighted labels that are already addressing some of the concerns; they are not all doing so. The Select Committee, in its report, particularly talked about the initiative by Sony. It is by Sony; I do not say this just because my son happens to work for Sony. It has brought in a programme called Artists Forward in which it has essentially written off unrecouped balances for artists signed before the year 2000. That has been followed by some of the smaller labels, and the Select Committee rightly paid tribute to Sony and called on the other major labels to follow suit, which I think would be a good thing.
I do think that, even though the labels are not perhaps the villains of the piece that some have suggested, they could do more to try to ensure that there is fairer distribution and that their artists receive more money. In that respect, I think the Government response to the Select Committee report was right in saying that we need both to have working parties to bring together the Government, the IPO and representatives of the industry to look at these initiatives, and at the same time to invite in the CMA to carry out a market study. I am unhappy about what the hon. Gentleman is proposing, but even if I was not, I think I would say that it is premature to start legislating when that work is ongoing and we do not know what the outcome is going to be. It is sensible that we wait for that work, which is taking place now, before we reach any final conclusions.