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Brian Message has stepped down as chair of the MMF after four years. The Board of the MMF have unanimously elected Diane Wagg and Stephen Budd to replace him as co-chairs.

Brian said: “Stepping back from my duties as chair of the MMF allows me time to focus on the economics of music streaming, in particular, how revenue from fans actually gets back to artists and managers. New rules need to be set so that all those within the music value chain can benefit and feel good about the structure.”

Diane and Stephen said: “It is an honour to follow in Brian’s footsteps after the tremendous work he has done, serving the interests of managers and their artists. We are excited and privileged to be continuing that good work.”

Both Budd and Wagg are long-term Artist and Record Producer managers who continue to be engaged actively in day-to-day management.