Brussels, 21st November 2023,

Earlier today, Spotify announced a move to change its royalty system.

IMPALA, the independent music companies association, representing over 6000 independent music companies and national associations across Europe, is currently canvassing member views on the proposed changes. The proposal will also be discussed at our upcoming board meeting which will take place next week on 30th November.

Our focus is and will remain ensuring a fair, diverse and sustainable music ecosystem for all, as set out in our 10-point plan to make the most of streaming, which was released two years and a half ago and was updated earlier this year.

About IMPALA

IMPALA was established in 2000 and now represents over 6000 independent music companies. 99% of Europe’s music companies are small, micro and medium businesses and self-releasing artists. Known as the independents, they are world leaders in terms of innovation and discovering new music and artists – they produce more than 80% of all new releases and account for 80% of the sector’s jobs. IMPALA’s mission is to grow the independent music sector sustainably, return more value to artists, promote diversity and entrepreneurship, improve political access, inspire change, and increase access to finance. IMPALA works on a range of key issues for its members, runs various award schemes and has a programme aimed at businesses who want to develop a strategic relationship with the independent sector – Friends of IMPALA.