“This development is beneficial for businesses such as hotels, restaurants, event organisers, broadcasters and digital content creators because it removes the obligation to pay licensing fees for the use of those specific recordings. Conversely, it reduces the ability of legacy music companies to exercise exclusive control over certain parts of their catalogue. The immediate impact is therefore not on the creation of new music but on the commercial exploitation of older works that were previously monetised through licensing structures,” Chandwani pointed out.
